News

The King of Prussia, Pa.-based AAMGA called Mr. Garcia "an inspiration and a leader to the AAMGA and the wholesale insurance market" as well as "a mentor to young insurance professionals and other ind

Attendees at the spring meeting of the National Conference of Insurance Legislators (NCOIL) here and the tempo of discussions at sessions suggest that the threat of an optional federal charter for ins

CGI Group Inc. and Roy Speed & Ross Ltd. (RSR) have agreed to add RSR vehicle registration data to CGI's AutoPlus suite of products and services. AutoPlus--a personal auto insurance database in

"While mutual insurers should be happy about that strong foundation, stock companies may be particularly pressured to seek profitable revenue growth to maintain an acceptable return on capital. That

A.M. Best Company said it has downgraded the financial strength rating of Scottish Re Group Ltd. insurance subsidiaries, and given them a negative outlook based on declining subprime mortgage investme

The group said its operating results compared with the previous year decreased to EUR5.1 billion ($7.5 billion) due to a significant rise in natural catastrophe losses. The combined ratios remained at a