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A research firm's finding that a tax increase for offshore reinsurers would be expensive for customers and limit availability of the coverage has the support of the Risk and Insurance Management Society, the group said.

A coalition of insurers and other groups announced a seven point plan they said could cut hurricane losses dramatically, if public officials and the private sector see to its adoption.

While plaintiffs' lawyers may be eyeing the prospect of convincing federal lawmakers to lower restrictions on securities class actions, they're likelier to get a clear shot at credit rating agencies than corporate directors and officers.

While plaintiffs' lawyers may be welcoming a new administration in Washington and eyeing the prospect of convincing federal lawmakers to lower restrictions on securities class actions, they're

An insurance reform summit next month in Washington will feature representatives from the Obama administration, insurance industry, Congress and academia discussing regulatory reform, a university

Therese M. (Terri) Vaughan, Ph.D., has been named chief executive officer of the National Association of Insurance Commissioners (NAIC), effective Feb. 18, 2009. Vaughan replaces Catherine J. Weatherford, who left the NAIC in July 2008. Andrew Beal,

Massive government spending to support financial institutions is threatening "precarious fiscal positions" in the United States and other countries, according to the 2009 Global Risks Report by World

Chris Blunt, senior vice president of Retirement Income Security (RIS) at New York Life, has been elected to The American College's board of trustees. Blunt is responsible for New York Life's income and investment annuity