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A series of state legislative actions has drastically reduced workers' comp loss costs and frequency trends in the state. "However, it still is premature to view these reforms as final and lasting in

The discussion was part of the National Association of Insurance Commissioners (NAIC) Hybrid RBC working group's effort to determine how these securities should be treated when calculating RBC of inve

Karen Pauli, senior analyst with Needham, Mass.-based TowerGroup, said that market actions like State Farm's in Mississippi and Allstate's throughout the country "will drive legislators to consider a

Connecture, a provider of Web-based sales, service, and process automation solutions to the health insurance industry, is expanding its market with its InsureConnect EZ product to include health

Global reinsurers continue to instill underwriting discipline and have reduced their exposure to lines of business they regard as inadequately priced, the study noted, based on the Jan. 1 renewal repo

Mayor Michael R. Bloomberg announced acceptance of a comprehensive set of recommendations earlier this week that would seek to ensure "a sustained, high-quality public health response for individuals

In a statement, Converium said its board of directors said the bid was not in the best interest of the company's shareholders or customers. It rejected the bid because "it fundamentally fails to recog

In a market report titled "Look Beyond the Obvious," Aon analysts noted that the generally benign storm activity in 2006 has led to a worldwide decrease in rates for liability coverage, with plentiful