In a statement expressing its position, RIMS said, "Without the stability offered by a permanent long-term solution, our members are faced with an uncertain and costly marketplace that is not equipped
WASHINGTON--The Senate Banking committee's incoming chairman said the panel will work to establish a permanent federal program to backstop insurers against terrorism risk rather than renewing the Terro
In a ruling on several asbestos claims cases, the high court agreed with lower tribunals that applying the new law retroactively would affect the substantive rights of claimants by adding a new eleme
In a ruling on several asbestos claims cases, the high court agreed with lower tribunals that applying the new law retroactively would affect the substantive rights of claimants by adding a new eleme
WASHINGTON--Insurance interests and the American government are making diplomatic efforts to resolve continuing roadblocks hampering expansion of U.S. insurance companies in China, a trade group repres
WASHINGTON--Insurance interests and the American government are making diplomatic efforts to resolve continuing roadblocks hampering expansion of U.S. insurance companies in China, a trade group repres
WASHINGTON--U.S. government plans and strategies for coping with catastrophic events need to be fundamentally reformed and should be a priority for the incoming Congress, according to recommendations f
Todd Harper, a legislative assistant to Rep. Paul Kanjorski, D-Penn., said that the concept of an optional federal charter for insurers "is an idea that is increasingly gaining in attractiveness in Wa
"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