Reinsurers, Fitch said, could be partially protected with a diversified book of business both in non-life and life products, as well as by country. However, Fitch added, there is limited geographic di
A panel of insurance industry leaders will give young agents their insights on critical issues affecting the future of the independent agency system at the Independent Insurance Agents & Brokers of Am
Despite a number of terrorism incidents around the world, and the worst year on record for natural disasters, international property rates continue their slide, except in the United States, according
Bermuda's reinsurers--following losses of $11.3 billion from Hurricanes Katrina, Rita and Wilma--registered a total 2005 net loss of $2.8 billion compared with a profit the previous year of $5.5 billi
The U.S. Chamber of Commerce announced today that it found West Virginia, Louisiana, Illinois, California and Texas were among the worst states for legal fairness, while Mississippi is improving after
If you want an example of why contract certainty is such a huge issue for the industry, think back to an episode from the classic 1970s sitcom, "The Odd Couple," in which the normally meticulous
St. Paul Travelers Companies, after initially refusing comment, has denied it is in merger talks with Zurich Financial Services Group. The St. Paul, Minn.-based company issued a statement denying
Insurance marketers from around the globe will have the opportunity to showcase their marketing achievements in the upcoming Showcase Awards competition sponsored by the Insurance Marketing
News of the deficit, he said, "reinforces the need for immediate rate-relief for Florida's property owners, which can be accomplished by using surplus sales tax revenue to offset insurance assessments
A group of 28 risk managers and senior executives from major brokers, insurers, trade associations and regulatory authorities held an invitation-only, closed-door meeting Wednesday in New York to disc