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"It's a vindication," said Gordon Woo, a catastrophist in the London office of Risk Management Solutions, which did a risk analysis concerning the possibility of event cancellation due to terrorism f
The House's Capital Markets Subcommittee is scheduled to vote Wednesday on whether it will send to the full House the Non-Admitted & Reinsurance Reform Act (HR 5637), a committee spokeswoman confirmed
For the past few months, several companies have faced state and federal scrutiny for allegedly granting options to executives with dates stamped before they were granted, giving the options a "strike
Prepared by the New York-based AIMU's Technical Services Committee, the report discusses the different types of dredging activities and equipment used and examines the exposures both from a hull, crew
Candysse Miller, executive director of the Insurance Information Network of California, said she understood that between 40 and 45 homes and 110 additional structures--which were most likely garages o
Despite its lack of a chairman and CEO, the commission is "moving forward just as...always," and the "inventory of open cases is at an all time low," said WCB spokesman Jon Sullivan. He added, "This is
Allstate would seem a safer bet this quarter than Progressive. "Based on our recent cross-selling work, we now believe the negative impact on Allstate auto sales due to their reduction in coastal home
Kenrick, formed in 1985, is a municipal insurance underwriting agency located in Auburn Hills, Mich., that currently writes business in Michigan, Ohio and Indiana, and is expected to write more than $
Insurance brokers Jardine Lloyd Thompson Group (JLT) and Heath Lambert Group, both in London, have ended merger talks, with Heath calling the potential transaction not in the best interest of staff an
During a joint hearing held by the National Association of Insurance Commissioners, Kansas City, Mo., Alessandro Iuppa, NAIC president, said that a new group of regulators would look for risk-based ca
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