The company said that approximately $500 million in earned but deferred pay would be distributed in the first quarter of 2009, which is pay that individuals earned but volunteered to defer receiving u

So far approximately 900 claims have been filed with insurers amounting to about $104 million in insured losses, but that number is expected to rise as more claims come in, said Tully Lehman, a spokes

London-based insurance broker Benfield said one of its subsidiaries had its contract to administer the federal Terrorism Risk Insurance Program (TRIP) renewed after an extensive and competitive proces

California wildfires that wiped out over 1,000 residences and structures were well under control today with the majority of the fires contained by firefighters, the California Department of Forestry a

Releasing its third quarter results today, the Hamilton, Bermuda-based guaranty insurer said that its combination of significant ongoing exposure to credit default swaps, failure to reach an agreement

Releasing its third quarter results today, the Hamilton, Bermuda-based guaranty insurer said that its combination of significant ongoing exposure to credit default swaps, failure to reach an agreement

While no insured loss estimates have been reported, according to the latest information from the California Department of Forestry and Fire Protection as of Monday morning, the three fires have damage

While independent agents share the same concerns as their big brokerage cousins about what direction insurance prices might take, association leaders are equally concerned with a longer-term