While some independent agencies grapple with the question of how to create a successful technology support program, one New Jersey-based outfit found the answer in the enthusiasm of its chief

Executives with American International Group said the first-quarter losses the insurer suffered may not see a turnaround soon, as the housing credit crisis that affected earnings is expected to contin

American International Group posted a net loss of $7.8 billion for the first quarter of this year, citing the weak economic climate.The New York-based insurer ...

Loss in investment income during the first quarter translated into a 20 percent drop in net income for Munich, Germany-based insurer Munich Re Group, but the company's chief financial officer said the

The report, titled "Market Update," released by the Kansas City, Mo.-based firm, said marine hull insurers believe there were 67 total losses declared in 2006 and that final 2007 figures would bring t

Marsh & McLennan Companies Inc. posted a $210 million net income loss on a $425 million goodwill impairment charge on Kroll, which plans to sell off several divisions of the risk consulting and techno

Omaha, Neb.-based Berkshire Hathaway Inc. reported first-quarter net income decreased 64 percent primarily on losses from credit default swaps, but Berkshire Chairman Warren Buffett assured investors

Financial market turmoil translated into a 53 percent drop in first-quarter net income for Zurich-based reinsurer Swiss Re, but management said it believes the company's portfolio still has strong ear