The National Association of Insurance Commissioners has disbanded a working group on class action litigation, apparently satisfied that such suits against the insurance industry do not pose a serious

Look for the insurance industry to produce returns on equity of between 10- and 12 percent, said one investment bank analyst this week. Morgan Stanley property-casualty analyst William Wilt said that

Folksamerica Reinsurance Company has completed its acquisition of Mutual Service Casualty Insurance Company, a Minnesota-domiciled runoff insurer formerly affiliated with Illinois-based Country Insura

The industry's exceptional results illustrated the dramatic turnaround from the same period in 2005, when catastrophe-fueled losses led to a $2.8 billion underwriting loss, the Oldwick, N.J.-based rat

The credit facility will allow the broker to borrow the money for a term of up to 10 years at a fixed rate of interest based on the Treasury rates available at the time of borrowing plus an applicable

Insurers have started to see their standard flood exclusions springing leaks in court challenges arising from 2005's massive hurricanes. Will the industry be able to defend the exclusions on appeal, o

Like a shot to the gut, insurers had the wind knocked out of them last month by a potentially monumental decision that many insurer flood ...

The controversy over contingency fees grew ugly this year, with some big brokerages calling for an end to the bonus commissions that got them into ...