The Branchville, N.J.-based carrier reported net income in the fourth quarter fell $2.9 million, going from $43.9, or $1.38 a share, in 2004 to $41.04 million, or $1.30 a share. Revenues increased 4 p

In his expanded role, Mr. LaRocco will bring together the company's property-casualty operations and have profit-and-loss responsibility for all of Safeco's product lines, including product developmen

"The more agents and brokers who take part [in the survey] the better," said Robert A. Rusbuldt, chief executive officer of IIABA. "This is how you get your voice heard and make your opinion count. Th

Arthur J. Gallagher & Co. insurance brokerage reported 2005 fourth-quarter net income dropped $41.6 million, or 85 percent, driven down by the loss of contingent commissions, regulatory expenses and a

Now that Congress has extended the Terrorism Risk Insurance Act through Dec. 31, 2007, some in the industry might be tempted to take a deep breath, pack away their position papers, pat their

Insurers need to reassess their exposure strategies in the wake of the Terrorism Risk Insurance Act's two-year extension in a market that could face a capacity shortage in some areas, recent industry

Mr. Mills' comments came during the 14th Annual Professional Insurance Agents of New York State's Metropolitan Regional Awareness Program and included news of his department's new plans for industry o

AIG said although Mr. Kanak's resignation is effective Jan. 31 he will remain with the company for the next few months to assist in a smooth transition of his responsibilities and to provide advice to