News

The National Association of Mutual Insurance Companies said it will oppose legislation in Colorado creating an 11-member Consumer Insurance Board, calling it "a redundant and inappropriate use of stat

In addition to developing hurricane losses, the property-casualty sector continues to face increasing price competition, legal issues surrounding certain industry practices and asbestos litigation lia

The move will impact insurance rates on over 10,000 vehicles for drivers insured by AIG subsidiaries The Insurance Company of the State of Pennsylvania, Birmingham Fire Insurance Company and Commerce

Bank of America property-casualty analyst Brian Meredith noted that gross written premiums were lower for the first time since the fourth quarter of 2001. Net written premium continued to grow due to

In addition to the $38.1 billion of insured losses incurred by Hurricane Katrina, as measured by the Property Claims Service unit of the Insurance Services Office, the season also saw several other hu

The Independent Insurance Agents & Brokers of America said Sen. Mark Pryor, D-Ark., is scheduled to speak to its membership during the group's National Legislative Conference & Convention in Washingto