Under the revised version insurers are no longer prohibited from denying wind damage claims based solely on the existence of a floodwater mark if they take into consideration other evidence in determi

The American Customer Satisfaction Index rates Bloomington, Ill.-based State Farm the industry leader with a score of 79, despite the fact that represented a drop of three points from the previous yea

Overall, Bank of America property-casualty analyst Brian Meredith called the carrier's $1.1 billion after-tax negative reserve development, along with its $1.64 billion settlement with state and

Willis Re's Bermuda-based Executive Vice President James Kent noted that in the first half of the year, island carriers handed $1.2 billion in capital back to investors in the form of share buy-backs

Mr. McCarty said the Office of Insurance Regulation originally disapproved the profit factor in the company's application for a rate increase. But that increase was then approved with the proviso that

Bank of America property-casualty analyst Brian Meredith said that while top line and year-over-year PIF growth in personal lines "continued to be challenged by competitive conditions, underlying marg

The Boston-based commercial and personal lines property-casualty company is working with Thomson Medstat on a program that, among other things, helps determine statistical averages for treating specif

Maine Superintendent of Insurance Alessandro Iuppa said the issue was thoroughly discussed at the annual commissioners' retreat earlier this month, where a number of European regulators were also pres