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Ceding companies using alien reinsurers will be met with higher capital charges in the Standard & Poor's rating model if collateral requirements go away, said Steven Dreyer, managing director and
The decline of property-casualty insurance rates slowed modestly in February, but the market remains relatively soft, according to MarketScout, the Dallas-based electronic insurance exchange. The
Efforts to win regulator support for a controversial national catastrophe insurance program for big disasters were put on hold after the proposal drew objections. The National Association of
Richard Turner, managing director of sales for Liberty Mutual Alternative Markets in Conshohocken, Pa., and a member of a panel commenting on the survey results, said: "What I thought was interesting
Three physicians who were called to testify at a House hearing invoked their Fifth Amendment right against self-incrimination Wednesday to avoid answering questions about their wholesale diagnosis of
In a setback for insurers, a federal judge has ruled that a state court should hear a suit brought by Mississippi over property-casualty insurers' denial of hurricane claims based on flood exclusion p
Dean Fryer, spokesman for the California Department of Industrial Relations, said the agency had issued a stop order preventing the use of any employee labor "until they have obtained workers' compens
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