While principals at some excess and surplus lines brokerages might believe their primary perpetuation goal is to negotiate the best prices they can for their shops, successful acquirers say their

The Chubb Corp. reported that its third-quarter net income dropped 64 percent, primarily from catastrophe losses related to Hurricane Ike, but its combined ratio managed to come in below 100 despite t

Catastrophes and declining investments led to a 194 percent loss in third quarter net income at Allstate Corp., but the company's chief executive said it could have been much worse if the company had

The chief executive of Willis Group Holdings' assured analysts today that despite the credit market freeze the insurance brokerage has plenty of liquidity available and expects to access the public d

The St. Paul, Minn.-based insurer reported net income compared to last year dropped $984 million in the quarter to $214 million, translating into net income per share dropping $1.45 to 36 cents a shar

For the third quarter, the Daytona Beach, Fla.--based insurance broker reported net income was down $5.6 million to $40.6 million. The loss in net income did not affect revenue which increased 4 percen

"This year's study indicates that the 'Best Practices' agencies are proactively taking steps to grow even in a very soft market and during tough economic times," said Madelyn Flannagan, president for

The acquisition by Wells Fargo & Company of Wachovia Corp., which secured Federal Reserve approval last week, puts the company on track to be the fourth-largest insurance broker in the United States,