Under the Companies Act and Generally Accepted Accounting Principles in the U.K., which were adopted by syndicates for the first time in 2005, there is "reduced consistency and transparency of the inf

The action made public Monday changes the financial strength rating of Tower Hill Prime Insurance Company and Tower Hill Preferred Insurance Company, each downgraded from "A-minus" to "B." Omega Insur

A property-casualty trade association has called the National Association of Insurance Commissioners president's praise for a proposed new solvency rule for the European insurance market as fuel for t

William Wilt, a Morgan Stanley property-casualty insurance sector analyst, said New York-based Marsh's consulting and management businesses will give it an edge in the coming year in terms of profit g

A leading property-casualty insurance trade organization released a policy paper yesterday that said more study is needed before creating state and/or federal funds to shore up the insurance industry

The lawsuit, filed in New York State Supreme Court in Manhattan, names Allianz, Industrial Risk Insurers, Travelers Indemnity Company, Royal Indemnity Company, Gulf Insurance Company, Zurich American

Backdating allegations are issue du jour for securities cases and D&O

Health care, life sciences and Fortune 100 sectors among hard-to-place