News

With Congress only having a few weeks to finish up a ton of business before adjourning for the fall election season, what are the chances that any significant action will be taken on a host of insuran

"Insurers are broadening coverage terms and conditions, thereby effectively creating greater net price reductions," he added. "Some large admitted carriers are broadening the class codes they write in

The report, authored by Mark Watson, managing director at Moody's, pointed out that increasing regulation is forcing insurers to improve their governance and risk management practices. Boards, the rep

The report, authored by Mark Watson, managing director at Moody's, pointed out that increasing regulation is forcing insurers to improve their governance and risk management practices. Boards, the rep

The firm said Mr. Klanica, who has over 30 years of experience, will be responsible for overseeing the Finance, Treasury and Information Technology groups. He will also report to Douglas H. May, presi

In acting, the NAIC was responding to consumer representatives' criticism that the models have led to unnecessary insurance rate increases after the storms of 2004 and 2005. The decision was made at t