The state Senate passed March 27 Senate File 2318, which would cut the premium tax for property/casualty insurers from 2 percent to 1 percent over a four-year period, beginning in 2004. National Association of Independent Insurers (NAII) Counsel Ann Weber …
London’s Financial Times carries a report that Lloyd’s underwriter Kiln has written policies insuring an unidentified “multinational pharmaceutical group” against challenges to some of its intellectual property rights. Kiln believes that this is the first instance of such a patent …
According to a report from Reuters News Agency Swiss Re’s CEO Walter Kielholz told a local Swiss Sunday paper, the NZZ am Sontag, that the company had begun to buy equity shares again in September and foresaw an annual average …
New York State Insurance Department Superintendent Gregory V. Serio revealed a series of changes in the New York Automobile Insurance Plan, the assigned risk insurer of last resort, raising rates by 19.5 percent, and challenging New York’s insurance community to …
