The Florida Legislature's passage of a measure allowing the state-created property insurer of last resort to assume more risks is a dangerous financial move for businesses and taxpayers, insurance ind
The Internet may make stolen art items easier to sell, but it also puts the thieves at greater risk of discovery, an executive with a theft tracking firm told members of the Inland Marine
Indeed, a better prediction of storm-surge heights will help officials determine what building standards should be enforced for any particular site, according to Stephen Cauffman, with the National
And given the fact that many NAIC work products are referenced in state laws, "it is clear that NAIC should be conducting its business like a government agency subject to open meetings and full accoun
NCOIL Vice President Brian Kennedy said in a letter to Walter Bell, president of the National Association of Insurance Commissioners, that the NAIC is "abusing the use and purpose of executive session
As the session moved toward adjournment today the House was to debate a separate bill that includes a measure strongly supported by the governor to prohibit the establishment of future Florida-only su
As the session moved toward adjournment today the House was to debate a separate bill that includes a measure strongly supported by the governor to prohibit the establishment of future Florida-only su
Robert B. Pollock, president and chief executive officer of the New York-based carrier, said the company's annualized operating return on equity for first-quarter 2007 of 18.6 percent indicated excell
Passed by a unanimous vote, the bill, which is opposed by the insurance industry, was sent on to the House. It would also require national insurers with in-place subsidiaries to disclose their overall
In addition, Safeco still faces potential reserving issues and unfavorable loss cost trends. The company plans to raise prices a percent or two to make up for these conditions, Mr. Wilt said, but face