News

With surge in capacity and absence of major disaster, rates begin to

Florida has effectively forestalled any immediate exodus by carriers from the homeowners' insurance market in the wake of the recent tornado catastrophe, but one risk management consultant said the

During a press conference today, Attorney General Jim Hood unveiled a proposal that would force carriers writing auto insurance in the state to provide homeowners and commercial insurance if they

The four major insurance brokers appear to be recovering from the shock of losing contingent commissions as they reported growing revenues and strong net income, but continued growth will be a

It was an active week for insurers on Capitol Hill, with a regulatory reform bill for surplus lines and reinsurance reintroduced, but a split emerging between the House and Senate over renewal of the

Karen Pauli, senior analyst with Needham, Mass.-based TowerGroup, said that market actions like State Farm's in Mississippi and Allstate's throughout the country "will drive legislators to consider a

Do any you even remember what AUGIE is supposed to be doing? If so, do you care? In his new blog, NU's tech editor, Ara C. Trembly, wonders whether AUGIE (the ACORD-Users Groups Information Exchange)

New York Attorney General Andrew Cuomo appears to be picking up where Eliot Spitzer left off in pursuit of a lawsuit against former American International Group Chief Executive Maurice "Hank" Greenber