Premiums charged by the National Flood Insurance Program (NFIP) are inadequate to cover the risk and the program should re-examine...
National News
Standard & Poor’s Ratings Services announced that it has placed its ratings on five major U.S. mortgage insurers and their...
Doctors-in-training are still too exhausted, says a new U.S. report that calls on hospitals to let them have a nap....
A.M. Best Co. has withdrawn and assigned an “nr” to the issuer credit rating (ICR) of “a-” of Pennsylvania-based Philadelphia...
AIR Worldwide Corporation announced that the Bermuda-based Montpelier Group has licensed the AIR Multiple Peril Crop Insurance (MPCI) model for...
Former American International Group Inc. CEO Maurice “Hank” Greenberg said the insurer could fall apart unless management quickly came up...
Hartford Financial Services Group Inc. shares soared as much as 52 percent Friday after the company boosted its 2008 profit...
President-elect Barack Obama has begun laying the groundwork for overhauling the troubled U.S. healthcare system, reaching out to interest groups...
The Public Entity Risk Institute (PERI), a nonprofit research institute, wishes to correct a conclusion about its public entity claims...
Premium rating errors by insurance companies resulted in the loss of $16.1 billion of auto insurance premium revenues in 2007,...