News

State regulators considering new internal accounting controls for mutual insurers have failed to heed the advice of two key congressmen, according to the National Association of Mutual Insurance Compa

The company has been undergoing a variety of inquiries since January when a whistleblower blew the lid off a variety of questionable coverage arrangements involving businesses that had cozy relations

Data quality and risk selection are among the factors A.M. Best will examine when determining what impact securitization transactions will have on the financial strength ratings of participating insur

"Given the commodity-like nature of commercial lines insurance, we would not expect gross accident-year loss ratios by company to be more than one standard deviation away from the mean," Mr. Meredith

"Given the commodity-like nature of commercial lines insurance, we would not expect gross accident-year loss ratios by company to be more than one standard deviation away from the mean," Mr. Meredith

The Daytona Beach, Fla.-based insurance broker said the two firms, with reported annual revenues of approximately $5.6 million, are providers of Medicare Secondary Payer statute compliance-related ser