I recently saw "Monty Python's Spamalot" on Broadway, a stage musical version of the movie "Monty Python and the Holy Grail." One of many hilarious scenes has a group of robed monks walking in a

Last week's announcement that XL Capital Ltd. would sever its financial commitments to Security Capital Assurance Ltd. is not sitting well with rating agencies, as the insurer also announced it will

Aon sold Combined Insurance Company of America to ACE, and Sterling Life Insurance Company to Munich Re; the two deals were valued at close to $3 billion. The deals were completed at the beginning of

In the initial meeting analysts will be examining the company's culture and governance and strategic management. She said the questions will be basic, but predicted that many executives may find they

The Richmond, Va.-based insurance brokerage firm reported second-quarter net income compared to last year fell $21 million, or 60 cents a share, to more than $1 million. Revenues increased 5 percent,

The Willis Group Holdings Ltd. insurance brokerage firm reported second quarter net income down 50 percent, thanks to the soft market and higher expenses associated with personnel cutbacks, although o

Insurers are cautiously offering coverage for green building projects, but many carriers remain reluctant to provide this specialized coverage as they continue to evaluate the risks involved, accordin

The Itasca, Ill.-based firm reported net income for the second quarter dropped $3 million to $41 million compared to the same period last year. The results translated into 45 cents a share from contin