The earnings announcement came the day after the carrier said that an earnings restatement for the years 2001-2005 to correct accounting on finite risk contracts would decrease shareholder equity by a

The earnings announcement came the day after the carrier said that an earnings restatement for the years 2001-2005 to correct accounting on finite risk contracts would decrease shareholder equity by a

Insurance interests were successful in securing one change in the House legislation. Rather than having the measure effective immediately upon the governor's signature, the bill would not go into law

The Bermuda-based company, which has a market capitalization of $1.37 billion, initiated the restatement after examining whether three finite risk retrocession contracts contained enough risk transfer

The Bermuda-based company, which has a market capitalization of $1.37 billion, initiated the restatement after examining whether three finite risk retrocession contracts contained enough risk transfer

Fitch analyst Brian Schneider said the rating reflected Citizens' state-authorized power to assess a large and diverse base of property insurers and policyholders in Florida following a large catastro

As the National Association of Insurance Commissioners heats up efforts to restructure reinsurance regulation, ceding companies have formed their own interested parties group to advocate their unique

Kristina Baldwin, regional manager for the Property Casualty Insurers Association of America (PCI), based in Albany, said the legislation designed to protect against identity theft is not relevant for