News

WASHINGTON--The Senate hearing Tuesday on insurance regulation has once again spotlighted the divide within the insurance industry between supporters of continued state regulation and proponents of opt

A New York agents' trade group has sent an angry e-mail to insurance companies telling them to stop giving customer data to rival insurance agents when a competing agent originally submitted the infor

Fitch Ratings said it has again dropped the financial strength ratings of FGIC Corp. and its financial guaranty insurance subsidiaries, Financial Guaranty Insurance Company and FGIC UK Ltd., to "CCC"

The Richmond, Va.-based insurance brokerage firm reported second-quarter net income compared to last year fell $21 million, or 60 cents a share, to more than $1 million. Revenues increased 5 percent,

The Willis Group Holdings Ltd. insurance brokerage firm reported second quarter net income down 50 percent, thanks to the soft market and higher expenses associated with personnel cutbacks, although o

Insurers are cautiously offering coverage for green building projects, but many carriers remain reluctant to provide this specialized coverage as they continue to evaluate the risks involved, accordin