News

New Jersey's top auto insurer is dropping its rates for the second year in a row, bucking a trend among some of the largest carriers who have requested premium increases or taken no action, according

New York Insurance Superintendent Eric Dinallo's office, while revealing today that troubled bond insurer Financial Guaranty Insurance Corp. has applied to split into two companies, was short on speci

Yesterday the National Conference of Insurance Legislators said there is "no room" for an optional federal charter and it will propose a resolution opposing OFC legislation in Congress (The National I

Insurers, he said, are challenged by climate change "in myriad ways--the property coverage damage and mortality losses that arise from natural catastrophes, as well as the exposure that continues to gr

MBIA, the nation's largest bond insurer, based in Armonk, N.Y., announced last week that it would attempt to raise $750 million through the offering. The firm said that it sold 94.6 million shares of

The Independent Insurance Agents & Brokers of America said U.S. Sen. Susan Collins, R-Maine, is scheduled to address its members during the organization's April Legislative Conference and Convention i