New York City Mayor Mike Bloomberg cited the wisdom of insurance underwriters in Washington earlier this week when he crossed swords on Capitol Hill with those who believe that all terrorism exposures
What are the ethical responsibilities of an agent for a claim that appears to be questionable--perhaps even fraudulent? Is there any difference in responsibilities if the producer is a broker? In today
"Preliminary results of our current research indicate that the difference in mean hurricane frequency between the near-term sensitivity catalog and our standard model will not be as large as in 2006,"
SAN ANTONIO, TEXAS--A national regulators' session to discuss guidelines insurers use to rate customers as risks turned into a debate between consumer and industry representatives over redlining yester
SAN ANTONIO, TEXAS--A national regulators' session to discuss guidelines insurers use to rate customers as risks turned into a debate between consumer and industry representatives over redlining yester
The industry in 2006 exhibited strong resiliency with advances in the form of stronger balance sheets, better controls, improvements in risk management and continued advances in pricing techniques, th
Businesses often have flawed contingency plans or none at all to deal with a business disaster such as the recent outbreak of E. coli infections linked to Taco Bell restaurants, according to a risk ma
The Federal Trade Commission has announced that it has sent claims forms to more than 1,400 consumers who may have had out-of-pocket expenses due to identity theft connected with alleged security laps
On the list as of early December are PXRE Group Ltd., Scottish Re Group Ltd.--both of which fell from "triple-B-minus" to "double-B-plus"--and Scottish Annuity & Life Insurance Co., a part of the Scotti
Tamara K. Kravec with Bank of America Equity Research wrote that brokers told them premium rates will continue to rise "significantly" during the January renewal season despite a relatively loss-free