New York Gov. Eliot Spitzer apparently knocked some heads together and finally convinced seven insurers to cough up $2 billion to settle all remaining property insurance claims over the 9/11 destructi

With more small employers dumping their health benefits in a desperate attempt to keep from sinking in this economic storm, property-casualty insurance agencies will be hard put to make up the lost

In the ongoing struggle to come up with new products to cover catastrophe losses, there is one new twist worth watching--a derivative product triggered not by actual losses, but by a force of nature,

The goal was a level playing field with carriers who avoid U.S. taxes by transacting insurance business on shore, and then cede all or most of the premiums to "affiliates in tax-haven jurisdictions,"

The disagreements involve the American Insurance Association on one side and paired against it the Property Casualty Insurers Association of America (PCI) and National Association of Mutual Insurance

Instead of using 100 years of data, the model--RMS 6.0--uses rolling five-year periods. That near-term model, according to the Washington-based Consumer Federation of America (CFA) and the Center for

Earlier in the year the Senate approved the measure (SB 276) by a margin of 46-3. American Insurance Association Assistant Vice President Ray Farmer described the bill as a "stacking" of UM/UIM covera

For its property-casualty component, Fitch said it reviewed 43 p-c insurance groups in the 2005 Prism beta testing period, comprising about $273 billion of industry net written premium for about 65 pe