Boston-based AIR Worldwide, a subsidiary of Jersey City, N.J.-based Insurance Services Office Inc., estimated that a strong earthquake that struck New Zealand on Dec. 20 would amount to less than $250
WASHINGTON--President George W. Bush today signed a seven-year extension of the Terrorism Risk Insurance Act, adding domestic terrorist events to the program but leaving out coverage for attacks using
A group that combats auto insurance fraud said it has asked Toyota to pull television ads it feels encourage such crime, but the manufacturer says the commercials won't have that effect and it won't p
A spectacular example of being out of trust and its consequencesWhen an insured writes a check to his insurance agent or broker, he expects the funds to be paid to the insurer. Professional agents and brokers keep these funds in a trust account at a
The founder of the National African-American Insurance Association is locked in an increasingly public and nasty battle with Nationwide Insurance over the cancellation of his appointment with the
Blue Frog Solutions, a provider of life/annuity solutions for order management, compliance, and straight-through processing, released its Annuity Replacement Evaluator (ARE), a tool for analyzing and
If XL did take part in new capital raising, Bear Stearns said it suspects it is unlikely for XL to do the entire capital raising as rating agencies may view a greater than 50 percent stake unfavorably
City Attorney Dennis Herrera announced Monday that a suit was filed in San Francisco Superior Court, under the state's Lempert-Keene-Seastrand Oil Spill Prevention and Response Act, and other state la
City Attorney Dennis Herrera announced Monday that a suit was filed in San Francisco Superior Court, under the state's Lempert-Keene-Seastrand Oil Spill Prevention and Response Act, and other state la
The Coalition for Fairness to Captive Insurers (CFCI)--consisting of the Captive Insurance Companies Association, the Vermont Captive Insurance Association and more than 60 other members--have hired leg