Amwest Insurance Group Inc. announced that it will immediately cease writing new commercial automobile policies. The decision to discontinue this...
Government News
On Friday, the U.S. Senate voted 79-to-18 to remove a provision in the pending Bankruptcy Reform Bill that would have...
Thirteen members of the Senate Banking Committee recently expressed concern to trade representative Robert B. Zoellick that China may be...
Insurance covers accidents. In the legal world, we call these “fortuities”, but it all boils down to accidental happenings. First-party...
Lloyd’s of London has hired former Presidential candidate and former U.S. Senate Majority Leader Bob Dole to help fight a...
A Washington bill, SB 5610, authorizing the use of traffic safety cameras to detect red-light running, passed the Senate on...
Amid signs that the property/casualty insurance market is improving, insurers’ prospects for greater profitability may actually be diminishing in today’s...
The nonstandard auto market enjoyed above-average growth and profitability across the country through much of the 1990s. In fact, by...
InsurBanc has received conditional deposit insurance approval from the Federal Deposit Insurance Corp. Last November, InsurBanc received conditional approval for...
The State Department is opposed to a provision in the pending Bankruptcy Reform Bill that would effectively prevent Lloyd’s from...