"Looking forward to 2007, the atmosphere of relief is almost tangible as the market takes advantage of the current respite [from heavy catastrophe losses] and works to apply the hard learned risk mana
A law school study released today contained encouraging news for directors and officers liability insurers with a finding that securities class actions alleging management misconduct hit a record low
MMC is the parent company of New York-based insurance broker Marsh. Friday in reaction to news of an upcoming sale of Putnam to Montreal-based Power Corp., Standard & Poor's rating service placed MMC
Arthur J. Gallagher & Co. said it will pay $36.85 million to settle a suit by current and former clients after accusations by state attorneys general that Gallagher and other brokerages were involved
For the third year in a row, talk of contingency fees dominated the discussion at the Risk and Insurance Management Society's annual conference, proving that the insurance industry has yet to fully co
The insurance industry led a charmed life in 2006, given the absence of any major hurricane. But peering into his crystal ball, NU Editor In Chief Sam Friedman sees some clouds on the horizon! Go to h
While analysts queried by the Insurance Information Institute for its annual "Groundhog Day" forecast warn of a softening market for as far as the eye can see, we may very well be witnessing the birth
While jurists might empathize with policyholders who lost their homes from floods triggered by the 2005 hurricane season, the weight of the law is against them, said Randy J. Maniloff, an attorney
The insurance commissioner of Delaware and regulators in 12 other states have filed a brief supporting two cases brought by consumers over insurer use of credit records that is now before the U.S.