Big Cats Force Change In Disaster ModelsNew assumptions about storm frequency and severity must be taken into accountThe extraordinary events of the last two ...

Flag: Total Hits $50.3BInsurers stand to pay out an estimated $6.1 billion in losses stemming from Hurricane Wilma, according to the Insurance Services Office ...

Final Countersignature Law Tripped UpFederal judge bars enforcement of South Dakota statute, citing new market realitiesA federal judge last week barred South Dakota from ...

Ex-Near North HeadGets 10-Year SentenceA federal judge last week sentenced Michael Segal, the former head of Chicago-based insurance brokerage firm Near North, to 10 ...

P-C Industry RemainsUnderreserved, Best SaysWhile property-casualty insurers are showing signs of continued improvement to their bottom lines, the industry is still faced with a ...

NCOIL Rethinking Market Conduct ModelLack of adoption by states sends legislators, regulators back to the drawing boardThe National Conference of Insurance Legislators has agreed ...

N.Y. Won't Hit GreenbergWith Any Criminal ChargesBy Daniel HaysFormer American International Group Chairman and Chief Executive Officer Maurice Greenberg will not face criminal charges ...

Court Decision Makes Rescission DifficultJudge rules that insurer should have asked buyer about discrepancy before suingRescinding policies is never an easy road for professional ...