WASHINGTON--The Supreme Court has agreed to determine when insurers and other businesses must notify their customers that rate increases were based on changes in their credit rating, so-called "adverse
Denial of rate increases to Home Pointe and Cincinnati followed a public hearing and review and analysis by OIR actuarial staff. The filings, the commissioner said, "failed to justify this level of an
Mr. James will oversee growth and development of AIM, which is a subsidiary of the Chicago-based Aon insurance brokerage. Aon said AIM has over 1,350 captives, 250 cells and a staff of 500, managing a
Mr. James will oversee growth and development of AIM, which is a subsidiary of the Chicago-based Aon insurance brokerage. Aon said AIM has over 1,350 captives, 250 cells and a staff of 500, managing a
American International Group Inc. said one of its wholly owned subsidiaries has purchased the U.S. ocean marine business from Arch Insurance Company, a division of Bermuda-based Arch Capital Group, Lt
An estimated 4,000 low-income Florida homeowners will soon receive free home inspections and assistance to make improvements to strengthen their homes against hurricanes, said Tom Gallagher, the state
An estimated 4,000 low-income Florida homeowners will soon receive free home inspections and assistance to make improvements to strengthen their homes against hurricanes, said Tom Gallagher, the state
The acquired firm, Hub said, specializes in transportation-related coverage and represents over 40 U.S. insurance carriers that specialize in transportation risks. In addition to its core Salt Lake Ci
AMS Services, a software solutions company for the insurance industry, announced a strategic alliance agreement with ChoicePoint, a provider of insurance-related quoting and underwriting data. AMS
According to Insurance Services Office in Jersey City, N.J., and the Property Casualty Insurers Association of America (PCI), the industry posted net income of $28.3 billion compared with $31.2