In a letter dated Sept. 10, four consumer representatives, who are given funding to attend NAIC meetings, detailed why they think the procedure, announced last spring, is not in the best interests of
Most insurance executives polled at a conference this week said in the next three years their industry will have only a moderate chance of seeing profits increase and property-casualty premium growth
Former Montana governor Marc Racicot, who heads a trade group backing legislation for optional federal chartering of insurers, said such a measure will be good for consumers and won't impact state rev
The company discussed its investment exposure to the subprime market during an earnings call last week. Management said that highly rated and higher-quality holders would help the company minimize any
The company discussed its investment exposure to the subprime market during an earnings call last week. Management said that highly rated and higher-quality holders would help the company minimize any
"[Hurricane] Katrina did hurt me," he said. However, he maintains "the interesting thing is that we didn't get killed on the Gulf Coast," even with unfavorable publicity. Mr. Dale said he garnered 40
An official of a state legislators' group, who has vocally opposed closed-door sessions by the nation's insurance regulators' organization, is renewing his effort to establish dialogue between the two
"Katrina did hurt me," he said. However, he maintains "the interesting thing is that we didn't get killed on the Gulf Coast" even with unfavorable publicity. Mr. Dale said he garnered 40 percent of th
The Norwalk, Conn.-based FASB recently asked for comment, due Nov. 16, which would help it decide whether to work on an insurance policy accounting project either on its own or with the International
A trade organization representative has told a regulators' task force considering new loss reserve regulations for insurers that they need not include the property-casualty carrier, since existing rul