Prices keep dropping for most lines and industries, as well as all buyer

The Itasca, Ill.-based brokerage eliminated contingency commissions and in early May 2005 set up a $27 million settlement fund for clients. Those moves came in the wake of numerous regulatory

Dick Munce, regional vice president for Montvale, N.J.-based wholesaler Jimcor Agencies, said rates along the New Jersey coast appear flat "at present," but could see increases as reinsurance

As insurers assess losses and reinsurance, opportunities seen in contractors

The London-based insurance brokerage firm reported net income dropped $48 million in the fourth quarter, going from $108 million, or 65 cents a share, to $60 million, or 38 cents a share. Revenues dec

New York--The head of a brokerage formed in the wake of New York Attorney General Eliot Spitzer's probe of the insurance business told an industry meeting yesterday that official scrutiny has left the

In a company statement, the Pembroke, Bermuda-based insurer said Mr. Charman will retire at the end of his current employment contract. AXIS said he was retiring as the "result of his divorce proceedi

MarketScout, issuing its monthly report on rates, said despite predictions of a return to a hard market by analysts, the p-c market shows no signs of hardening overall, though some lines exhibited pri