The Sarbanes-Oxley Act hasn't cleaned up the accounting practices of corporate America enough to improve loss costs for directors and officers liability insurers, an accounting expert said here yester
Combined ratios north of 130 for directors and officers insurance in the not-so-distant past haven't led underwriters to swear off the business, but they're picking their spots to try to turn a profit
In his letter to Congress on Dec. 13, J. Robert Hunter, president of the Consumer Federation of America, told lawmakers that the American Academy of Actuaries TRIA Subgroup "is not independent" from
A dozen Wall Street analysts are predicting an average combined ratio of 98 for 2006 for the property-casualty insurance industry, but it could be even better, according to the developer of the
On the attack is Consumer Federation of America Insurance Director Robert Hunter, who is challenging the objectivity of the American Academy of Actuaries, which recently presented findings to lawmaker
Claims payments by homeowners insurers in Louisiana for the hurricanes of 2005--expected to top $12.4 billion--exceeded premiums collected by the insurers in the last 25 years, the Insurance Information
Despite consistent indications of falling property-casualty insurance premium rates, Morgan Stanley research analysts argue that an expanded focus on returns and rates means a brighter industry outloo