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"The global financial services industry is changing in response to tectonic shifts in marketplace and business dynamics," said Guillermo Kopp, vice president of TowerGroup Cross-Industry research. "Tr

The judge in New Orleans found that flood exclusion language in many insurers' policies was ambiguous and failed to account for water damage caused by third-party negligence--namely, poor levee constru

Mr. Kriedler, speaking here yesterday during the closing session of the Property Casualty Insurers Association of America's annual meeting, said he was in favor of a proportional voting system for mor

SEATTLE--The Property Casualty Insurers Association of America officially elected Thomas Tierney as chairman today, moving him up from vice chairman. Mr. Tierney is also chairman, president and chief e

SEATTLE--Former Bush administration Health Secretary Tommy G. Thompson warned an insurance executives' conference here yesterday that the coming of a flu pandemic is a certainty and they need to take s

SEATTLE--An insurance trade group official briefing her membership today said that the Bush administration has reacted positively to the organization's lobbying for a terrorism backstop measure that ta