Explaining today's action on Arch Reinsurance Ltd. and affiliates--taking their financial strength ratings up a notch from "A-minus"--the Oldwick, N.J.-based rating agency said the upgrade reflects Arch
Less than two weeks after the official end of the below-average 2006 hurricane season, Tropical Storm Risk (TSR), a London-based consortium of experts on insurance, risk management, and seasonal
New York City Mayor Mike Bloomberg cited the wisdom of insurance underwriters in Washington earlier this week when he crossed swords on Capitol Hill with those who believe that all terrorism exposures
What are the ethical responsibilities of an agent for a claim that appears to be questionable--perhaps even fraudulent? Is there any difference in responsibilities if the producer is a broker? In today
"Preliminary results of our current research indicate that the difference in mean hurricane frequency between the near-term sensitivity catalog and our standard model will not be as large as in 2006,"
The industry in 2006 exhibited strong resiliency with advances in the form of stronger balance sheets, better controls, improvements in risk management and continued advances in pricing techniques, th
Tamara K. Kravec with Bank of America Equity Research wrote that brokers told them premium rates will continue to rise "significantly" during the January renewal season despite a relatively loss-free
The research, sponsored by Trusted Choice, the independent agent's branding campaign launched by the Alexandria, Va.-based Independent Insurance Agents & Brokers of America, found that of 28.5 million
Those findings came in London-based Benfield's latest "Lloyd's Update" report, which said Lloyd's focus has turned firmly towards active business following its deal to have Berkshire Hathaway take ove
State insurance regulators meeting in San Antonio, Texas, heard experts on earthquakes, insurance and building codes warn of the catastrophic consequences that will occur if there is a replay of the 1