News

In a report titled, U.S. Property and Casualty Personal Lines Insurance Industry Outlook, Moody's said the outlook for the personal lines industry is "stable," citing, among other trends, a

Charles "Chuck" Kavitsky, chairman, president and chief executive officer of Allianz of America and chairman of Fireman's Fund Insurance Company will retire effective July 31, after 14 years of

"By allowing insurance firms to choose between a unified national charter or maintaining operations under existing state regulation, Congress can build upon the success of state guarantee pools and

o Kenneth Allen, who led an arson ring that torched 50 homes to create millions in bogus insurance claims in the Indianapolis and Muncie areas. The gang usually bought low-priced homes and loaded

The Bermuda-based insurer and reinsurer said, "The updated loss estimate is based on increased estimates of industry insured losses of $18 billion to $21 billion, as well as from additional

The Carvill executives including its two chief executive officers will join the unit of Willis Group holdings next week after each discharges their current obligations with Carvill. The new