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The new operation, a first for the market, will open up a range of classes, providing Takaful, or Islamic insurance products, specifically designed to meet the needs of the world's Muslims and abiding

Brian Meredith, with Bank of America, said in his fourth-quarter earnings report to investors that "except for reserve loss development from hurricanes, we do not expect much adverse loss development

A 34-year veteran of the insurance industry, Mr. Myers served as executive vice president of Southwest Insurance Agency for the past five years before his promotion. Prior to joining SWS Group, Mr. My

Fiserv, Inc., has purchased CareGain, Inc., which will be part of Fiserv's solution set for health plans and financial institutions to help manage consumer-directed health plans and related

And don't count on reinsurers to firm up the market, as some analysts have speculated. "Many key insurers are writing large net lines, so the pricing of reinsurance is not much of a factor," Mr. Kerr

On the attack is Consumer Federation of America Insurance Director Robert Hunter, who is challenging the objectivity of the American Academy of Actuaries, which recently presented findings to lawmaker