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Despite the effects of Hurricane Katrina, only 10 property-casualty insurers failed in 2005, down from 13 in 2004, and none of the p-c carriers domiciled in Louisiana or Mississippi was placed under

"Their conclusions are irrational and unfounded. This bill was created as result of working with insurance representatives for a week," said Ms. Quinn, adding "it doesn't seek to expand anything in a

In addition to developing hurricane losses, the property-casualty sector continues to face increasing price competition, legal issues surrounding certain industry practices and asbestos litigation lia

As insurers assess losses and reinsurance, opportunities seen in contractors

Once the insured files a Statement of Values, a policy containing an Occurrence Limit of Liability Endorsement, or a similar provision, will be considered to be a scheduled policy of insurance rather

U.S. property-casualty insurers sustained a record $56.8 billion in insured property losses from 24 catastrophic events last year--more than double the previous high of $27.3 billion, when a "grand

Entertainment risks spur colorful tales involving odd hobbies and spectator

Since January 2003, lawmakers or insurance regulators in 31 states have questioned insurers' use of loss history databases. During the same period, at least 14 states and the District of Columbia