News

The Sarbanes-Oxley Act hasn't cleaned up the accounting practices of corporate America enough to improve loss costs for directors and officers liability insurers, an accounting expert said here yester

Washington--Besides financial restructuring, reform of the National Flood Insurance Program must include updating flood plain maps used to set premium rates and home purchase requirements, witnesses to

Combined ratios north of 130 for directors and officers insurance in the not-so-distant past haven't led underwriters to swear off the business, but they're picking their spots to try to turn a profit

Guidewire Software, a provider of solutions to property and casualty and workers' compensation insurers, announced that Jeffrey Simpson has joined the company as chief executive officer and chairman o

Washington--Federal prosecutors here unveiled an indictment today accusing three executives formerly with General Re and one from American International Group with participation in sham transactions to

Increased insurance business in the Middle East and North Africa and an escalation in Takaful, or Islamic insurance, have raised rating questions about new companies coming to market, a ratings agency