While commercial insureds will conceivably see requests for double-digit increases for catastrophe coverage as reinsurance rates rise and primary insurers grapple with investment losses, the
Whether you have questions about your personal health or the health of the industry, or are looking for tips on running your business, the National Association of Professional Surplus Lines Offices
American International Group's AIG Financial Products Corp. unit, with offices in London, England and Wilton, Conn., said Friday that as part of winding down its operations it has sold off some
Florida Insurance Commissioner Kevin McCarty in a harshly worded order has told State Farm it can go forward with its plan to exit the state's home insurance market, but only under stringent
The statement came from National Association of Insurance and Financial Advisors-Florida which said efforts were being made to encourage policyholders to give up highly rated property insurance
GAB Robins, the giant Parsippany, N.J.-based claims adjusting firm, announced today it had sold its international subsidiaries to Cunningham Lindsey Group Ltd., and is in talks to reduce the
The company announced the news this week, saying that the decision to sell these units will allow it to focus on its core strengths in the North American property and casualty market while continuing
The chief executive of a major wholesale insurance broker said commercial insureds can conceivably see requests for double-digit increases in their catastrophe risk as reinsurance rates rise and
In contrast to risk retention groups, formed as insurance companies owned by their insureds, PGs are comprised of commercial insureds--of public and private entities--who band together to obtain