Reversing a five-year trend, airline lead hull and liability premiums on average increased by 7 percent last year, according to Aon insurance brokerage's London office.
Two Democrats in the House introduced legislation today that would repeal the antitrust exemption afforded the insurance industry by the McCarran-Ferguson Act, but would retain the authority of states to regulate insurance.
A.M. Best Co. has revised its outlook for Madison, Wisconsin-based American Family Insurance Group (AMFAM) to negative from stable due in part to its trend of weak operating results.
The House voted today to impose a 90 percent tax on bonuses paid to employees with family incomes above $250,000 at companies that have received at least $5 billion in government bailout money.
California Insurance Commissioner Steve Poizner announced he will hold a hearing April 28 in San Francisco to investigate "why medical costs are skyrocketing in the workers' compensation system."
Risk professionals are involved in just about everything these days, and like it or not, their visibility has skyrocketed. While this can be a good ...
Concerned about their reputation, more major companies globally are investing substantial resources to manage their reputation risk and have increased their efforts to do so, according to a new report from The Conference Board.