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NEW YORK--Regulators and insurance industry representatives expressed hope today of fashioning some sort of plan over the next few months that will help insurers with terrorism risk when the current fe

Zurich American has begun assessing which excess casualty insurance customers are due restitution under a multi-million dollar bid-rigging settlement that requires complete calculations by July 10, a

The end of the Terrorism Risk Insurance Act (TRIA) could spell chaos for the property-casualty insurance industry since insufficient capacity exists to cover the exposures, an executive with Marsh sai

He said casualty rates are stable from a decrease of about 5 percent to an increase to about 5 percent. On AIG's casualty book, he said rates to date are down 3 percent. Terms and conditions are holdi

He said casualty rates are stable from a decrease of about 5 percent to an increase to about 5 percent. On AIG's casualty book, he said rates to date are down 3 percent. Terms and conditions are holdi

While an insurer group praised language in a Mississippi federal court ruling last week that it said upholds rejections of flood claims, a close reading of the decision indicates carriers might still

Profits should remain healthy for the U.S. title insurance sector despite a likely near- and medium-term decline in the volume of real estate transactions that will cut its revenue and earnings, a rat

An insurance-financed preservation group, whose members have run into burning New York buildings since 1803 to save commercial property, is struggling to find millions in new funding since carriers sl