An extraordinary number of catastrophes, the high cost of home repairs and excessive jury awards due to the emergence of...
Markets/Coverages News
Nuts & Bolts: American Bankers and American Reliable are offering a new Excess Flood Insurance Program. It provides coverage in...
Alabama-based Vesta Insurance Group announced a $6.2 million loss from catastrophes for the second quarter of 2002. Vesta’s net operating...
To many insurance professionals, surplus lines policies are a mystery. Many think of it as a coverage for strange risks...
It is a rare occurrence today, but not so long ago tying down the safety valve was viewed as an...
Nuts & Bolts: Chicago-based Encompass Insurance has launched an identity theft insurance program. Encompass Identity Fraud Coverage provides coverage for...
Bermuda-based XL Capital Ltd. will add $200 million to its reserves for Sept. 11 terrorism losses and will record an...
Insurers are expected to pay an estimated $120 million to home owners and businesses for insured-property losses from the Rodeo-Chediski...
A survey by the Council of Insurance Agents & Brokers (CIAB) that was answered by more than 130 agents and...
Gulf Insurance Group, a subsidiary of Travelers Property Casualty, has created new executive positions, as well as acquired new staff....