For the second consecutive year, the overall cost of risk declined to the lowest point in over a decade, according...
Markets/Coverages News
The United States Chamber of Commerce has highlighted the need for more affordable and reliable insurance options to help businesses...
Bermuda’s ACE Limited took exception to its normal practice and issued a statement concerning rumors of its possible exposure to...
A new estimate of damages from a fire in Iowa’s Old Capitol building exceeds $5 million, about $2 million more...
Illinois Insurance Director Nat Shapo announced that the Cook County Circuit Court issued an Order of Liquidation with a finding...
Insurance losses from the Sept. 11 terrorist attacks, the largest loss in insurance history, will have little impact on the...
New Jersey-based Nekema Inc. and Ohio-based InsurePoint.com Inc. have completed a merger. InsurePoint.com was founded in 1996 by Bolton &...
NYMAGIC, INC. announced that its Board of Directors had decided not to declare payments of quarterly cash dividends. The company...
Bermuda’s XL Capital Ltd. announced that it does not have exposure to the asset-backed commercial paper program of Enron Funding...
Representatives of the insurance industry testified Wednesday before the California Assembly Insurance Committee concerning insurance and reinsurance after the attack...