News

Wilson supports push for privately-funded, government-backed catastrophe

The state of Maryland fined Allstate $100,000 yesterday and ordered it to refund more than $17.5 million in premiums to personal auto lines customers after finding Allstate did not comply with state l

Former Democratic Oklahoma Insurance Commissioner Carroll Fisher was incorrectly identified as a Republican in an NU Online story posted Oct. 19. ...

Berkshire Hathaway, with its $7 billion deal to take over Lloyd's Equitas operation, is gambling that the move will be profitable because it has extensive background in handling asbestos claims, accor

Equitas, Lloyd's runoff operation for long-term exposures, and Berkshire Hathaway Inc. announced today that Equitas was buying $7 billion in reinsurance from a Berkshire subsidiary, which will run its

The Washington, D.C.-based Council of Insurance Agents & Brokers released its third-quarter market survey of its member brokers yesterday. The survey indicates that generally the market continues its