The "U.S. Property-Casualty Review & Preview" report noted that the industry's operating results "were marked by ongoing soft market conditions, above-average catastrophe losses, higher underwriting

In a conference call Friday, Hartford Chief Financial Officer Lizabeth H. Zlatkus said the company requested "AG39 relief from our year-end reserve calculation from the Connecticut Department of

A provision in New York Governor David Paterson's Deficit Reduction Plan to increase assessments by $180 million on all insurers, and additional amounts for health insurers, has drawn criticism from

For this year the company's outlook does not appear optimistic in the view of a rating service. Following the company's announcement, Moody's Investors Service downgraded The Hartford's long-term

As reported last month by NU Online, State Senator David Baria, D-Bay St. Louis, said he introduced the measure in response to what he asserted were actions by some insurers after Hurricane Katrina

Tuesday in her State of the State Address, Gov. Granholm said, "I call upon every auto insurance company to freeze rate increases for 12 months while the legislature works to enact comprehensive

Although 2008 was well off of the record-setting 2007 pace for catastrophe bond issuance, the cat bond market generally withstood the impact of negative market forces for the year, Guy Carpenter &

Poor investment results, soft pricing, a weak dollar and a near record year for catastrophes sent insurance stock indexes tumbling last year at a greater rate than the Dow Jones Industrial Average, a