New York-based Marsh & McLennan Companies has reached an agreement with the California Department of Insurance to settle charges of bid-rigging and other improper conduct, the department announced yes
Efforts to win regulator support for a controversial national catastrophe insurance program for big disasters were put on hold after the proposal drew objections. The National Association of
A softening property-casualty market hasn't deterred two insurers and a wholesale broker from setting up new operations devoted to specialty lines business. In fact, executives recently hanging up
In a setback for insurers, a federal judge has ruled that a state court should hear a suit brought by Mississippi over property-casualty insurers' denial of hurricane claims based on flood exclusion p
The National Conference of Insurance Commissioners decided to delay any preliminary approval of the natural mega-catastrophe risk cover program concept for a few weeks while the group weighed new obje
Orlando, Fla.--After two years of spirited debate the National Association of Insurance Commissioners has given its first approval to a controversial set of new financial reporting requirements for non
Orlando, Fla.--After two years of spirited debate the National Association of Insurance Commissioners has given its first approval to a controversial set of new financial reporting requirements for non