News

Insurers may find it impossible to rescind their directors and officers contracts with policyholders accused of backdating stock options because the threshold to prove fraud may be too steep, legal ex

In today's report, "Review and Outlook 2006-2007," on the p-c industry, Fitch said the industry would record profits for the third consecutive year and could post its lowest combined ratio in recorded

Joe Bastardi, chief forecaster for AccuWeather, said the current hurricane cycle resembles the same activity of the 1930s through 1940s, and the current increased activity cycle should begin a turnaro

As 2006 draws to a close, many commercial property-casualty insurers are generating exceptional earnings. "Many balance sheets are in their best shape since the late 1990s, when the industry entered i

"Class of 2001" Bermuda companies--formed after the Sept. 11, 2001 terror attacks--besides Endurance, include Axis Capital and Aspen Specialty, both of which have operating subsidiaries that already hol

The company said Mr. Reda has more than 10 years experience at Lockton and more than 15 years of experience in the employee benefits industry. During his career he has worked in the UNUM and Aetna org

Although industry groups did their best to put a positive spin on a grim report this week suggesting that insurers no longer deserve a limited exemption from federal antitrust law, it might be time to

In the era of globalization, should U.S. reinsurers be treated no differently than their "alien" counterparts? That's the key question facing regulators next week as they debate a controversial propos