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Officials announced separate agreements settling charges related to improper finite reinsurance transactions last week, with St. Paul Travelers agreeing to pay $77 million and RenaissanceRe, $15
A New York captive insurer, formed to cover the liability of New York City contractors and subcontractors involved in the World Trade Center debris cleanup, said officials faulting the way it
A state ethics unit said it found that Thomas Gallagher, Florida's chief financial officer, violated the state's ethics code by trading in shares of insurance companies his department oversaw while he
WASHINGTON--The Senate failed late yesterday to garner enough votes to take up a so-called "trifecta" bill that included a provision reforming the estate tax which had the strong backing of property-c
Geoff Engert, a spokesman for Tampa, Fla.-based AF, said the system would facilitate communications between insurance companies, third party administrators, self-insureds, collection operations and ot
o Brokers are spending more of their time dealing with increased regulation and becoming more Internet-savvy. Almost 90 percent of those questioned said they were actively addressing increased regulat
Management of Aon Corp. insurance brokerage said today it intends to get out of the property-casualty underwriting business, selling off its warranty and some specialty assets and placing the remainde
Willis Group Holdings Limited said it has entered into an agreement to acquire the majority of the retail and all of the reinsurance business of MGT Group in Santiago, Chile. The separate line of busi
St. Johns began writing homeowners policies in the beginning of 2004 and was quickly hit with losses from two years of record hurricane events. "While not a desirable start for any business, we were v
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