Positive change in surplus lines market regulation recently came one step closer to reality when the Senate Banking Committee included surplus lines reform language in the financial services reform legislation.
W. R. Berkley Corporation announced the promotion of Berkley Medical Excess Underwriters Chief Operating Officer Collin J. Suttie to president of BerkleyMed.
Four insurers who filled databanks with thousands of inaccurate reports on drivers have agreed to pay a monetary penalty and correct the record, Massachusetts Attorney General Martha Coakley announced.
Property and casualty insurance industry sources said they believe a revenue-hungry Congress will finally decide to impose higher taxes on offshore-based insurers.
The crop insurance industry is in the midst of a major transformation. Last December, the USDA and the Risk Management Agency (RMA) released the first draft of the Standard Reinsurance Agreement (SRA)
The best area of the country for young people to land jobs in a recessionary economy is the Southwest, with Austin topping the list, according to a recent study by Portfolio.com, the online division of American City Business Journals.