News

WASHINGTON--A federal judge in the Virgin Islands ruled Friday that the territory's countersignature law is unconstitutional, but agents and brokers were advised to continue following the law until app

The sentencing of an Allstate insurance adjuster and his co-conspirator in Texas accused of diverting $1.3 million in claims payments into their own pockets was delayed until August at the request of

WASHINGTON-Thursday's U.S. Supreme Court ruling establishing a clear standard for what constitutes employer retaliation is unlikely to cause any seismic changes for the insurance industry, according t

WASHINGTON-Thursday's U.S. Supreme Court ruling establishing a clear standard for what constitutes employer retaliation is unlikely to cause any seismic changes for the insurance industry, according t

London-based insurance broker Willis Group Holdings in its report looking at the secondary insurance industry five years after Sept. 11, 2001, said the days of reinsurers consisting of a single corpor

Allied World Assurance Company, Ltd., has suspended its chief underwriting officer as a result of an investigation launched by the Attorney General of Texas stemming from the company's relationships w

"The issuance of hybrid securities is a very cost-competitive source of long-term capital for Validus," Ed Noonan, chairman and chief executive of the Bermuda-based carrier, said in a statement. The c

Lexington Insurance Company, a subsidiary of New York-based American International Group Inc., said it has increased its capacity for commercial domestic property insurance to $250 million from $100 m