News

This is the second private equity acquisition of a major publicly held insurance brokerage firm this year. On May 4, USI completed its deal to be acquired by Goldman Sachs & Co.'s private equity arm,

If a 1-in-250-year storm were to hit Florida, policyholder assessments to support the state's hurricane catastrophe fund and its insurer of last resort could total $53 billion, a reinsurance broker re

The Insurance Accounting and Systems Association (IASA) will begin accepting presentations on July 1 that will be evaluated for possible inclusion in the educational offerings of the 2008 IASA Annual

FirstBest Systems, which announced its launch at the recent IASA conference, was formed to deliver underwriting management systems that enable commercial insurance carriers to profit from better

William Stander, Tallahassee-based regional manager for the Property Casualty Insurers Association of America, said "the OIR is seeking to prohibit insurers from using credit information by making it

South Carolina Republican Gov. Mark Sanford signed an omnibus property insurance measure into law yesterday that gives insurers incentives to cover homes in the state's wind pool territory and provide