The Florida Office of Insurance Regulation has withdrawn proposed state-specific requirements regarding the accounting treatment of finite reinsurance, making it...
P&C Companies News
Hurricane Katrina is a reminder that U.S. insurers, government and consumers are at great risk from escalating losses from hurricanes...
Insurance companies formerly insuring Jacksonville, Fla. will pay $50 million, while the city will pay $25 million, in the $75...
Although the insurance industry – and the rest of us – are waiting for the other shoe to drop in...
Bermuda-based Montpelier Re Holdings Ltd. announced that it has sold 25,850,926 shares of its common stock, as previously announced (See...
The old saying goes, “No man’s life, liberty or property are safe while the legislature is in session.” We can...
Although the insurance industry – and the rest of us – are waiting for the other shoe to drop in...
Bermuda-based Arch Capital Group Ltd. announced that it expects third quarter operating earnings to be negatively impacted by the effects...
A Wisconsin Senate Committee has killed the “all sums” bill, a measure vehemently opposed by the insurance industry. A.B. 222...
Circumstances surrounding Hurricane Katrina are unprecedented in many ways, said Fitch Ratings. So much so that the rating agency may...