New Alabama Gov. Robert Bentley has signed an executive order to create the Coastal Insurance Commission to study availability and affordability of homeowners insurance and make recommendations.
A global hardening of prices in the property and casualty industry will likely not occur despite one of the worst quarters in underwriting history, says global investment bank Keefe, Bruyette & Woods.
New York City Mayor Michael Bloomberg has backed off a proposal to charge fees to motorists involved in an accident that requires the fire department to respond, his office says.
New York City Mayor Michael Bloomberg has backed off a proposal to charge fees to motorists involved in an accident that requires the fire department to respond, his office says.
Civil litigation reforms in the United Kingdom that could reduce legal costs for insurers are credit-positive, says a report from Moody’s Investors Service.