XL's filing said Mr. O'Hara last year received a $1 million salary, unchanged from 2006. He also was given a $1.5 million bonus, compared with $4.75 million in 2006. His package included $1.76 million

Mark Schussel, a spokesman for the Warren, N.J.-based Chubb Group of Insurance Companies, said that in order to get the service, policyholders must first enroll, "because we need authorization to come

Terms for purchasing the firm, which will serve as a shell company allowing Max to extend admitted operations into all 50 states, were not announced. Max is the U.S. excess and surplus lines unit of M

Insurance fraud schemes investigated by the department's Frauds Bureau along with local authorities also led to court-ordered restitution of $20 million stemming from convictions against 147 people in

Berkeley Heights, N.J.-based Palisades Safety and Insurance Association announced today that it has an agreement to acquire publicly held National Atlantic Holdings Corporation, including its subsidia

Mr. Spitzer, after reports of his being a regular customer of a prostitution service, said today that he will step down Monday and be replaced by Lt. Gov. David Paterson, New York's first black govern

A $1.8 million lawsuit by Fireman's Fund Insurance against Robert DeNiro, that alleged the actor concealed a health problem delaying a film production insured by the carrier, was tossed out of court y

Currently, Mr. Domansky said there are 84 insurers licensed to operate in Florida, but the bulk of the municipal bond business is written by a few firms and the bulk of the guarantee business by about