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The National Association of Insurance Commissioners is advocating for more flexibility for its regulated U.S. insurers to operate both subsidiaries and branches in foreign countries without international supervision favoring the former over the latter.

Second-quarter net income at Hanover Insurance Group jumped to $53.4 million from $20.8 million a year ago on higher rates and better exposure management, the company says.

Every risk financing alternative, with the possible exception of guaranteed cost insurance, has benefits and risks. A risk manager must be prepared to make an informed decision regarding whether, and how, an organization should embark on the path of forming a captive.

Every risk financing alternative, with the possible exception of guaranteed cost insurance, has benefits and risks. A risk manager must be prepared to make an informed decision regarding whether, and how, an organization should embark on the path of forming a captive.

Burgeoning corn production in the U.S. hit historic levels last summer, but will it help reshape the future of the federal crop insurance system?

The fault lines between domestic and offshore insurers again opened due to bills in the House and Senate of legislation that would reduce the tax benefits foreign insurers receive by ceding U.S. property and casualty premiums to their foreign affiliates.

The fault lines between domestic and offshore insurers again opened due to bills in the House and Senate of legislation that would reduce the tax benefits foreign insurers receive by ceding U.S. property and casualty premiums to their foreign affiliates.

The U.S. insurance industry says a subcommittee of the International Association of Insurance Supervisors continues to encourage countries to favor a subsidiary structurea move the industry claims limits freedom of organization.