A New Jersey Appellate Court ruled that a homeowners insurance policy may cover a sexual assault by a minor under the age of 14, but only if the assailant didn't realize he was doing harm to the victi

The Bermuda-based mutual insurer, which provides insurance for energy interests primarily in the Gulf of Mexico, increased its aggregation limits to $750 million effective June 1, the start of the hur

Mr. Geoghegan said that while the bank has "a very low footprint in insurance," the bank's chief executive of insurance, Clive Bannister, is "taking up the challenge" to build a "significant insurance

"Our plans to set up an office in the Qatar Financial Centre (QFC) reflect the exciting opportunities available there," he said in a statement. "We have had solid growth in the region and believe ther

Vince Vitkowsky, an attorney with the New York office of Edwards Angell Palmer & Dodge, said insurers may find themselves fighting to recover on reinsurance policies where their reasons for large clai

HCC Insurance Holdings Inc. is defending three lawsuits, one a class action, in connection with its admission that executives in the company engaged in backdating stock options that led to restatement

Ms. Wijnberg was CFO from 2000 to 2006 at the New York-based professional services firm MMC where Mr. Greenberg served as chief executive officer until his ouster in 2004 after a probe of brokerage bi

Willis Group will not accept new supplemental commission programs from insurers if the payments are in reality just old-fashioned contingency fees in another format, the brokerage's top executive