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Steven Parton, general counsel for the Office of Insurance Regulation, said he will sit down with Insurance Commissioner Kevin McCarty shortly to come up with a time scheme and method for introducing
Gisele Norris, a trained epidemiologist and senior consultant for Aon Healthcare, Chicago, said business interruption is one line that could come into play, although as the policy is generally written
"The study contains positive news for the California workers' compensation system," said DWC acting administrative director Carrie Nevans. "Rates have been reduced and competition has returned to Cali
Five major insurance trade groups are calling for insurance regulators to drop further work on model fingerprint legislation that the National Association of Insurance Commissioners has had in the wor
The chairman of the Senate Judiciary Committee says the asbestos litigation reform legislation the Senate will take up this week represents the only realistic opportunity to pass such legislation in t
The survey of industry prognosticators, which foresees shifts of capital from the casualty sector's softening prices and more interest in the hardening property and reinsurance markets, was produced b
The Hamilton, Bermuda-based company reported fourth-quarter net income fell $152.6 million, from $164.8 million, or $15.31 a share, to $12.2 million, or 86 cents a share. Revenues were off 18 percent,
Hannover CEO Wilhelm Zeller said the transaction is aimed at precluding the effects of not only price contraction, but price inflation on the retrocession market to exploit rising demand for property
The action stems from the role Aon and Benfield played in arranging an insurance policy Lloyd's bought for itself in 1999. But when the six insurers involved in the deal, including Swiss Re and Hannov
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