WASHINGTON--The Supreme Court has agreed to determine when insurers and other businesses must notify their customers that rate increases were based on changes in their credit rating, so-called "adverse

Industry excited to clear major hurdle, but odds of Senate action slim for this

Extension sought for U.S. terrorism insurance program to fill gaps in private market

A report suggesting that government reinsurance for terrorism should perhaps be limited to nuclear, biological, chemical and radiological attacks fails to recognize the bigger problem in covering

The report added that, "despite the attempts by private insurers to exclude NBCR risks, the marketplace remains significantly vulnerable to a catastrophic NBCR event for the insurance lines of

Mr. Liddy--who has led the fight to establish a national catastrophe fund to back up state disaster facilities via ProtectingAmerica.org--will remain as chairman of the Northbrook, Ill.-based carrier

The insurance industry was getting mixed signals at week's end as to whether the U.S. House of Representatives will act on a bill to reform regulation of the surplus lines and reinsurance markets

With an eye on the looming expiration of the Terrorism Risk Insurance Extension Act next year, policyholders--led by commercial real estate interests--are taking the lead in drafting proposals for a