There needs to be more meat put on the bones of a skeletal proposal to reform alien collateral reinsurance requirements by applying them on a basis that does not take into account the country of
The National Conference of Insurance Legislators has put off a vote on an explosive resolution accusing state attorneys general of evading the legislative process by negotiating settlements banning
With signs on the rise for recession late this year or next, the property-casualty industry can take comfort from the fact that it is fairly immune to traditional business cycles, said a Swiss Re econ
In a tightening market, the rating firm said a mortgage originator may loosen lending standards to maintain volume to cover fixed expenses, while staff layoffs could threaten underwriting and servicin
In a tightening market, the rating firm said a mortgage originator may loosen lending standards to maintain volume to cover fixed expenses, while staff layoffs could threaten underwriting and servicin
Earlier this year, during a visit to truck inspection facilities in El Paso, Texas, U.S. Transportation Secretary Mary E. Peters announced that U.S. trucks will for the first time be allowed to make d
According to the announcement, under the agreement, TIG will pay Silverstein and the Port Authority $12,535,000 toward the rebuilding of the World Trade Center, which is in addition to a prior payment
At the spring meeting of the National Association of Insurance Commissioners in New York this week, the Financial Condition Committee sent a disaster reporting framework proposal back for some retooli
Meanwhile, there is legislation in the House, introduced earlier this year, which would complement the proposed compact by allowing the broker to pay the premium to the home state of the insured and l
Insurance industry representatives and some regulators have expressed concern that previously discarded ideas such as an all-perils policy and checklist have made their way back into the National Asso