News

NEW YORK--The theory of principles-based regulation sounds promising, but actual application of the concept may fall short, a lobbyist suggested here drawing parallels to the development of risk transf

Itasca, Ill.-based insurance broker Arthur J. Gallagher & Co. said it has signed an agreement to acquire Yanni Partners Inc. of Pittsburgh. Terms of the deal were not released. The transaction is expe

Itasca, Ill.-based insurance broker Arthur J. Gallagher & Co. said it has signed an agreement to acquire Yanni Partners Inc. of Pittsburgh. Terms of the deal were not released. The transaction is expe

But the fact the bill passed before Congress departs for a two-week break means that talks between House and Senate staff to reconcile the different bills can take place before the Senate returns to w

NEW YORK--U.S. commercial insurers' efforts to have Congress eliminate tax advantages for Bermuda insurers will be blocked by insurance buyers who have thwarted them in the past, a lobbyist suggested h

NEW YORK--The flood of capital that has moved into Bermuda in recent years is not responsible for creating or sustaining a soft market, a representative of a Bermuda insurers and reinsurers trade group