Ariel Reinsurance Ltd. has joined the list of start-up reinsurers hoping to capitalize on higher post-Katrina property rates.The Bermuda-based company announced it began operations ...
XL Capital Ltd. plans to raise an estimated $2.8 billion in new capital through two equity offerings.The Bermuda-based property-casualty insurer and reinsurer will sell ...
Mississippi Attorney General Jim Hood's lawsuit, filed after Hurricane Katrina to compel insurers to pay for what carriers argue are excluded flood damage claims, ...
Chicago--A National Association of Insurance Commissioners panel has approved a compromise series of internal control reporting rules for mutual companies patterned after the federal ...
Chicago--The National Association of Insurance Commissioners has laid the groundwork for revising collateral requirements for non-U.S. reinsurers, but has left open when that could ...
State lawmakers have reacted favorably to a proposed public-private approach to cover natural catastrophe risks too large for the private market to handle by ...
Improved pricing conditions in the wake of record second-half catastrophe losses have prompted equity analysts to take a more optimistic view of the property-casualty ...
After insurance industry representatives told the National Conference of Insurance Legislators annual meeting that state legislatures have not accepted their model law for market ...
NAIC Delays Action On Use Of Property Loss DataSalt Lake CityThe National Association of Insurance Commissioners will hold off developing regulations over insurer use of ...
Regulators and insurance industry representatives appear close to a compromise on a formula to impose Sarbanes-Oxley Act corporate governance rules on mutual companies."We are ...