Even though a federal judge rejected a proposed State Farm class-action settlement for Mississippi homeowners with storm-surge damage from Hurricane Katrina, attorneys on all sides of the dispute
That's the view of the insurance industry given the state's new property insurance law, which industry groups argue will put the onus of recovery on the backs of the state--and by extension
Florida Chief Financial Officer Adelaide "Alex" Sink said that the legislatively-created Windstorm Mitigation Study Committee will hold its first meeting on Thursday, from 9 a.m. to 3 p.m. in the Sen
The I.I.I., in its annual Groundhog Day forecast, said the consensus of analysts surveyed by the organization is that insurers' profitability will continue through 2007 but has slowed, and the trend t
Richard Bouhan, executive director of the National Association of Professional Surplus Lines Offices, wrote Congress members that "NAPSLO stands ready to do whatever is necessary to pass that legislat
Richard Bouhan, executive director of the National Association of Professional Surplus Lines Offices, wrote Congress members that "NAPSLO stands ready to do whatever is necessary to pass that legislat
Climate change, caused primarily by humans, is a real phenomenon, and a report from over 2,000 scientists confirms that immediate measures need to be taken to reduce the pollutants that cause it, said
By lowering the premium tax, she asserted, Indiana will be more competitive with states such as Illinois, Iowa, Nebraska, South Carolina and Wyoming that, in general, have lower premium tax rates than
Mr. Wilt found that of the seven companies reporting this week, five reported higher buybacks than previously planned. "We take this as a sign of slowing growth prospects, but the alternative of hoard
Rating agencies set a negative outlook while leaving Marsh & McLennan's credit rating unchanged after news of its $3.9 billion sale of Putnam to Great-West Lifeco Inc. of Canada, but still questioned