Romania and Bulgaria, two of Europe’s poorest countries, officially became members of the European Union on New Year’s Day, bringing...
Economy News
Outgoing California Insurance Commissioner John Garamendi said “California is not prepared for the financial consequences of a major disaster” and...
Birmingham headquartered Infinity Property and Casualty Corp. announced the latest phase of its growth plan, which promises to benefit Alabama’s...
The federal flood insurance program may be going broke after incurring $20 billion in debt from recent storms like Hurricane...
China Life Insurance Co. says it will set a price this week for an initial public offering on Chinese markets...
Driven by a sharp decline in catastrophe losses from hurricanes and other natural disasters in 2006, the U.S. property/casualty industry...
Terrorism, corporate scandals and regulation make way for institutional change What professional liability exposures do financial institutions face today? Have...
Insurance is a serous business. It’s not easy finding humor in the insurance headlines. But in 2006, a few stories...
From Maine to Virginia, agents and adjusters helped property owners dig out from damaging floods. High waters seemed to hit...
No long-term negatives “Fortunately lawmakers did not pass legislation that will have negative long-term consequences for consumers and the insurance...