News

In the ongoing struggle to come up with new products to cover catastrophe losses, there is one new twist worth watching--a derivative product triggered not by actual losses, but by a force of nature,

Insurers have never been change-friendly, but to still see underwriters, brokers and claims adjusters hauling piles of paper around the market is just ridiculous, according to NU Editor In Chief Sam F

While it may be good risk management for New York City to require fast food outlets to prominently display the calorie content of its menu items, it sure spoils the fun of wolfing down a donut in the

The goal was a level playing field with carriers who avoid U.S. taxes by transacting insurance business on shore, and then cede all or most of the premiums to "affiliates in tax-haven jurisdictions,"

The disagreements involve the American Insurance Association on one side and paired against it the Property Casualty Insurers Association of America (PCI) and National Association of Mutual Insurance

Instead of using 100 years of data, the model--RMS 6.0--uses rolling five-year periods. That near-term model, according to the Washington-based Consumer Federation of America (CFA) and the Center for