New York States move to place Financial Guaranty Insurance Co. into rehabilitation does not necessarily mean the end is near for the bond insurer, but it faces a difficult road ahead says one industry expert.
New York States move to place Financial Guaranty Insurance Co. into rehabilitation does not necessarily mean the end is near for the bond insurer, but it faces a difficult road ahead says one industry expert.
Independent insurance agents have another tool in their arsenal to improve search-engine optimization thanks to a recent partnership between a new Internet marketing firm and the National Association of Professional Insurance Agents.
Moodys Rating Service gives a favorable review to new rules proposed by the International Association of Insurance Supervisors to identify insurers that would pose a systemic risk to the global financial system, but the devil is in the details, notes an industry representative.
Moodys Rating Service gives a favorable review to new rules proposed by the International Association of Insurance Supervisors to identify insurers that would pose a systemic risk to the global financial system, but the devil is in the details, notes an industry representative.
Two recent reports by the same analyst firm illustrate the unpredictability of the insurance-pricing cycle, as one report notes industry reserves are approaching inadequacy, while the other states that property-catastrophe rate increases, which had led the charge out of the soft market, appear to be slowing.
Adoption of the federal Jumpstart Our Business Startups (JOBS) Act gives new companies easier access to capital from the general investing publicbut also presents liability exposures that D&O insurers do not yet fully understand, says a report from Marsh.
A stockholders revolt leading to the ouster of Generali Groups longtime chief executive has resulted in Zurich Insurance Group losing its CEO of General Insurance.