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WASHINGTON--Despite claims to the contrary, federal reinsurance of terrorism risk is not working because the government program has crowded out private coverage at the highest tiers, according to a

PCS, a unit of Jersey City, N.J.-based Insurance Services Office, in December 2008 released an updated estimate for insured property damage in all Ike-hit states of $10.655 billion. Swiss Re

David Provost, Vermont's deputy commissioner of captive insurance, said 2008 "was a slower year for captive growth due to economic conditions." He added, "We continue to see interest in forming

David Provost, Vermont's deputy commissioner of captive insurance, said 2008 "was a slower year for captive growth due to economic conditions." He added, "We continue to see interest in forming

WASHINGTON--Two members of the House Financial Services Committee will ask the Obama administration's new Treasury secretary to unilaterally create an Office of Insurance Information within that

Five executives from the insurance brokerage subsidiaries of New York-based services firm Marsh & McLennan Companies and the president of the Insurance Information Institute discussed the state of