"The global financial services industry is changing in response to tectonic shifts in marketplace and business dynamics," said Guillermo Kopp, vice president of TowerGroup Cross-Industry research. "Tr

Louisiana legislation that would block insurers from using consumer credit records to rate hurricane-impacted residents is set to move to the floor of the state House of Representatives after being ap

That estimate was produced by the American Academy of Actuaries, which added its voice to the insurance industry chorus calling for a federal framework to help carriers provide coverage for terrorism

By a vote of 7 to 6, members of the House insurance Committee approved House Bill 318, which was introduced by Rep. Cedric Richmond, D-New Orleans. According to the language of the bill, insurers woul

State Assembly Insurance Committee members voted 7-2 for AB 2840, which would require a statewide study to be conducted before any changes are made to the process for calculating auto coverage premium

WASHINGTON--The Council of Insurance Agents and Brokers has written federal officials examining the terrorism insurance marketplace that any long-term solution to the problem of underwriting terrorism

Agent groups say deal language reveals AGs' continued assault on contingent

Among those speaking in praise of the measure is Ken Gibson, vice president of the Western region for the American Insurance Association. "What a difference two years and a major reform bill can make.