News

SAN ANTONIO, TEXAS--The National Association of Insurance Commissioners gave preliminary approval today to a new scheme to replace the current 100 percent collateral requirement for foreign reinsurers

Those findings came in London-based Benfield's latest "Lloyd's Update" report, which said Lloyd's focus has turned firmly towards active business following its deal to have Berkshire Hathaway take ove

State insurance regulators meeting in San Antonio, Texas, heard experts on earthquakes, insurance and building codes warn of the catastrophic consequences that will occur if there is a replay of the 1

Connecticut's top law enforcement official has reacted to Allstate's decision to hike homeowners premiums and avoid new business by announcing he is investigating them along with other insurers being

The National Association of Insurance Commissioners' action came even as the organization's Hybrid Risk-based Capital working group adopted a work plan for a more comprehensive long-term plan for rati

Workers' compensation and general liability were down 9 percent and 10 percent, respectively, reported the Dallas-based MarketScout, which compiled its findings from its own submissions, interviews

Despite the "skepticism" of a key congressional leader, three financial services groups have "recommitted" their members to work for adoption of "comprehensive" legislation creating an optional

Some court battles between insurer American International Group and C.V. Starr & Company--controlled by AIG's former chairman, Maurice Greenberg--have been concluded, but the war between the two firms