News

LAHAINA, HAWAII--The American Association of Managing General Agents said it is entering into an exclusive licensing arrangement with the Chartered Insurance Institute in London to train the associatio

LAHAINA, HAWAII--There will be a solution to the insurance scarcity hitting property risks along the Gulf of Mexico, but it will take time and market adjustments to find the correct rate for the risks,

The gain for the Birmingham, Ala.-based property-casualty insurer stemmed primarily from the sale of the company's personal lines insurer, the MEENIC Insurance Company, which resulted in $109 million

The Princeton-based company attributed the 25 percent decline in earnings to higher interest expense on ceded funds held, mainly for the loss portfolio transfer reinsurance agreement executed in 2005

California Insurance Commissioner John Garamendi accused five major automobile writers in the state yesterday of trying to forestall his rate regulation changes by blackmailing him with a political sm

LAHAINA, HAWAII--Hawaii has some work to do in making the state more uniform with the rest of the country, said the state's insurance commissioner, but its ambition is to one day become a global player