As a one-year mandatory medical malpractice rate freeze is set to expire at the end of June, interested stakeholders wait to see if state leaders will come up with a plan to address the state's worsening market.
In spite of the impact of an economic recession and the unraveling of one major competitor, the property-casualty insurance business--and the specialty insurance market, in particular--remain strong, according a specialty carrier executive.
Insurance regulators are charged with making personal lines insurance widely available. Nothing has undermined the industrys image more over the years than the battles between ...
Treasury Secretary Timothy Geithner's cautious statements of support for an optional federal charter for insurers is provoking reactions pro and con from property-casualty insurance company trade groups.
A lawyer for American International Group told a Connecticut legislative committee yesterday that attempts to cancel controversial AIG Financial Products unit bonuses would cause marketplace confusion.
Establishing a national regulator responsible for overseeing solvency and insurance pricing and products would help fix the "critical shortcomings" in the property-casualty insurance industry's current state-based regulatory structure, a report says.
The New York State home insurer of last resort said it will expand offerings by offering coverage for a wide variety of additional perils it does not currently insure.
J.D. Power and Assocs. recently released the findings of its inaugural 2009 Insurance Agency Satisfaction Study, which measures the level of satisfaction of independent agents with the personal lines carriers they
Independent agents and brokers who have customer trust can flourish in the current insurance marketplace, a producer trade group president advised at a recent industry conference.