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NEW YORK--While insurers are breathing a sigh of relief that 2006 will pass without a major catastrophe, the industry is still in financial recovery and securitization will continue to play a major rol

A Dec. 6, NU Online article "Hurricane Cycle May End Soon," should have stated that the impact point where 11 major hurricanes hit between 1933 ...

A Dec. 6, NU Online article "Hurricane Cycle May End Soon," should have stated that the impact point where 11 major hurricanes hit between 1933 ...

Explaining today's action on Arch Reinsurance Ltd. and affiliates--taking their financial strength ratings up a notch from "A-minus"--the Oldwick, N.J.-based rating agency said the upgrade reflects Arch

On property-casualty issues, funded representative Birny Birnbaum said the NAIC delivered a "good performance" on catastrophe insurance issues, but noted the inconsistency of trying to fend off federa

On property-casualty issues, funded representative Birny Birnbaum said the NAIC delivered a "good performance" on catastrophe insurance issues, but noted the inconsistency of trying to fend off federa