The Chicago Mercantile Exchange has announced that weather derivatives could be an important growth area and hopes to launch new...
Hurricanes News
Fidelity National Property and Casualty Insurance Co. has received approval from the Circuit Court of Florida to purchase all of...
The U.S. property/casualty industry’s net gain on underwriting rose $1.4 billion, or 20.8 percent, to $8.4 billion in first-quarter 2006...
Florida’s Insurance Commissioner Kevin McCarty has testified to a congressional committee in Washington, D.C. on the need for a national...
Citizens Property Insurance Inc. successfully completed a $3.05 billion bond sale Tuesday, boosting company reserves for damage claim payment if...
Florida has approved a 2 percent surcharge on all property insurance policies to help cover outstanding claims for one of...
Carriers and insurers look at Florida as a heavy-handed, intrusive, oppressive regulatory regime and it would require a major shift...
Lloyd’s Chairman, Lord Peter Levene, described a bright future, but one that needs work to be achieved, for those attending...
The National Association of Mutual Insurance Companies (NAMIC) has adopted a statement on natural disasters that asserts a flexible regulatory...
A lawyer asked a judge last Thursday to protect New York City and about 150 private contractors from lawsuits filed...