New York has enacted a bill requiring a showing of prejudice before insurers can disclaim coverage for late notice. The...
P&C Companies News
American International Group’s Chief Executive Robert Willumstad will soon take the scalpel to the world’s largest insurer — and not...
Insurers are calling upon the the North Carolina Insurance Underwriting Association, known as the Beach Plan, to release its financial...
Second (or subsequent) injury funds (SIF’s) have been abolished in 19 states. Alabama and Maine began this movement in 1992,...
General Star Management Co. appointed Gregory J. Diorio chief operating officer and Joseph L. Majsak chief marketing officer. Diorio will...
Hawaii Insurance Commissioner J.P. Schmidt has been authorized by the First Circuit Court of Hawaii to be liquidator of AG...
Standard & Poor’s Ratings Services revised its outlook on the U.S. commercial lines property/casualty insurance sector to negative from stable....
The U.S. insurance industry’s exposure to securities issued by Fannie Mae and Freddie Mac, two government-sponsored enterprises (GSEs), is substantial...
A Georgia association of builders and the insurer that has offered workers’ compensation and general liability insurance exclusively to its...
Travelers, Nationwide Mutual and two leading national insurance producer organizations are supporting a plan they say will make private windstorm...