News

The property-casualty insurance industry is a "cheapskate" when it comes to political expenditures, according to Ernst Csiszar, who--as a former regulator, insurance company head and trade association

Pronouncements by analysts about soft casualty insurance prices are based on inaccurate broker surveys and are overblown, a top insurer told the Annual Executive Conference for the Property-Casualty

Florida Insurance Commissioner Kevin McCarty said he had approved a $163 million regular assessment for insurers filed by Citizens Property Insurance Corporation today to cover the deficit in its high

The company is projecting modeled annualized insurance losses for the Gulf Coast, Florida, and the Southeast that are 40 percent higher, on average, than losses derived using long-term 1900-2006 hist

A work plan developed by actuaries to help reach a long-term solution for regulators' fiscal evaluation of insurers' hybrid securities was roundly criticized by insurers and Wall Street representative

The rating firm said pricing for renewals at the beginning of this year did not reflect new catastrophe models that were released showing greater potential losses from storms and were not priced in th