RenaissanceRe Holdings Ltd. reported a 27 percent decline in net income for the first quarter of 2008 compared to the first quarter of 2007 due to lower net investment income and a decline in premiums
Indiana Insurance, a Loveland, Ohio-based Liberty Mutual Agency Markets regional company, said the Safer Schools Seminars are designed to inform on methods to lessen the risks of "high profile and rec
"When D&O first came out, it was specifically for the individuals," said David Lupica, president of ACE Westchester Professional Risk. This changed when lawsuits came in naming the entity in addition
Insurers have become too dependent on catastrophe models when deciding which risks should be cancelled and which ones are acceptable, Karen Clark, founder of the first cat modeling firm, warned.
A competitive insurance market is not the only force fueling the design of new directors and officers liability products, according to experts, who say consumer demand is also creating a market for
The agents association offered that assessment today after a meeting last week on Long Island between some of its agent representatives and a group of Assembly members, including Insurance Committee C
Consumers fare better under state regulatory systems requiring prior approval of insurers' rates than systems with fewer regulatory controls, according a national study released today by the Consumer
Reacting to an expert's negative comments about insurance companies' use of catastrophe models, industry representatives said carriers have improved their use and understanding of models since Hurrica
In a conference call, Sarah Street, XL Capital executive vice president and CEO, said, "We have clearly felt the pain of the most turbulent credit market in history. However, we believe financial stab
The company said LexElect is being offered on a surplus lines basis exclusively through All Risks Ltd., and is underwritten out of the Baton Rouge, La. office of All Risk, a licensed insurance broker