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By a vote of 7 to 6, members of the House insurance Committee approved House Bill 318, which was introduced by Rep. Cedric Richmond, D-New Orleans. According to the language of the bill, insurers woul

The survey, titled "Excellence in Risk Management III, The State of Risk Management," conducted by Marsh, polled 866 members of the Risk & Insurance Management Society from midsize to large organizati

"We would be glad to support a good unified position," said Mr. Stiglitz, noting that without such unity federal legislators will not listen to the industry. He also noted that given the industry's su

"Hartford's strong performance during the quarter demonstrates our unrelenting focus on core markets where we have competitive advantages," said Ramani Ayer, chairman, president and chief executive of

Mr. Thorpe said there are several precedents for classifying storm surge as flood and supporting the position of the property-casualty insurance industry that such damage is not covered under flood ex

State Assembly Insurance Committee members voted 7-2 for AB 2840, which would require a statewide study to be conducted before any changes are made to the process for calculating auto coverage premium