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Starr Tech had been enjoined by court order from going after current business that customers have with AIG. But that changed earlier this month when AIG unilaterally severed the relationship between t
The New York-based rating service lowered PXRE's financial strength rating from "Baa2" to "Baa3" and the debt rating of PXRE Capital Trust I to "B3" from "B1." The ratings remain on review for possibl
"The goal of the [IIABA] Virtual University is to support agent development through innovative online learning 24 hours a day, seven days a week," said Madelyn Flannagan, vice president of education a
How to pay the lowest price for insurance, get the best possible terms from insurers, and reduce the number and size of claims will be topics at an upcoming Risk & Insurance Management Society Inc. wo
Washington--Bank sales of commercial lines insurance have jumped more than 200 percent since the financial sector changes in the 1999 Gramm-Leach-Bliley Act went into effect, according to a new study r
Washington--Bank sales of commercial lines insurance have jumped more than 200 percent since the financial sector changes in the 1999 Gramm-Leach-Bliley Act went into effect, according to a new study r
The National Conference of Insurance Legislators has added a drafting note to their credit scoring model law allowing insurers to allow for customers' "extraordinary life circumstances" when using cre
The Mayfield Village, Ohio-based insurer said that the coverage, which had been unavailable in any form in West Virginia, will be available through Progressive Direct, its direct market distribution,
Mr. Robinson joined Utica National in 1983 and through the years served in a variety of posts. In 1997 he was named UticaLIFE chairman and CEO. He was named CEO in 2000. Mr. Robinson is also a board m
Senior Brookings fellow Robert Litan said in the brief that catastrophic events like Hurricane Katrina incur costs so large and unpredictable that private insurers either are unwilling to insure again
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