WASHINGTON--U.S. senators from the Gulf Coast are unleashing a multipronged legislative attack on the property-casualty insurance industry for sins they perceive in insurers' handling of hurricane clai
Members of the Florida House and Senate began meetings today to hammer out an agreement on legislation designed to lower property insurance premiums that soared in the wake of 2004 and 2005 hurricanes
Members of the Florida House and Senate began meetings today to hammer out an agreement on legislation designed to lower property insurance premiums that soared in the wake of 2004 and 2005 hurricanes
Mr. Prindle said there has been "a lot of residential damage to roofs--tiles being blown off, and also being struck by debris; lots of trees down on power lines; and for commercial, too, some roofs off
Mr. Prindle said there has been "a lot of residential damage to roofs--tiles being blown off, and also being struck by debris; lots of trees down on power lines; and for commercial, too, some roofs off
MIAMI--A proposed multistate catastrophic fund that will be the subject of a National Association of Insurance Commissioners meeting next month received less than unanimous support from regulators from
Bermuda is playing an increasingly important role in funneling new capital into the reinsurance markets, said the island's chief insurance regulator, Jeremy McCarter. He noted that Standard and Poor's
MIAMI--The National Association of Insurance Commissioners meeting here will focus in the coming month on a strategic direction for this year that will likely include work on a product regulation group
MIAMI--The National Association of Insurance Commissioners meeting here will focus in the coming month on a strategic direction for this year that will likely include work on a product regulation group
The quarter was negatively affected by a $139 million after-tax charge for additional tax reserves related to leveraged lease transactions; $47 million in after-tax losses from restructuring of a port