But those property-casualty writers that are geographically concentrated in the affected states--especially those focused on Indiana, Illinois, Iowa and Wisconsin--may have proportionately higher losses
Members of the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises approved the measures by a voice vote. Those passed included the Insurance Information Act, or HR 5840; t
The AMS Users' Group 33rd National Conference will be held March 12 to15, 2009 in Washington, D.C. at the Gaylord National Resort and Convention Center on the Potomac. The conference includes a reprisal of last year's new Connectivity track, a
For its annual report, The Ward Group, which provides consulting, industry benchmarking, and best practices services for the insurance industry, analyzed the financial performance of more than 3,000
The IRS declared that in a limited partnership, the general partner is the insured, while in a multimember limited liability company, the LLC is the insured. If there is more than one general
Every once in awhile in the world of investment banking, an idea is born that creates unexpected wealth. Unfortunately, not all innovations have positive long-term consequences, as witnessed by the
Rhode Island's Supreme Court last week rejected efforts by the state's attorney general to hold lead pigment manufacturers liable for injuries suffered by children exposed to lead paint, throwing out
They say necessity is the mother of invention, so when GMAC Insurance Group was downgraded to "A-minus" from "A" by A.M. Best Company back in May 2005, the timing was perfect to introduce a new
Federal Motor Carriers Risk Retention Group (FMCRRG), a Delaware-domiciled RRG that provides commercial auto liability coverage for midsize trucking companies, has found a way to offer truckers
The Western Insurance Agents Association said Kathy McDonald was named chairwoman during its recent meeting for the 2008-2009 term.Ms. McDonald recently joined the Watkin Insurance ...