The company said the loss equaled $4.91 per share, after establishing a pre-tax first-lien premium deficiency reserve of $421.8 million. This compares to net income of $21.1 million, or 26 cents per s

Based on a poll taken earlier this year of more than 400 senior national oil company executives at the National Oil Companies Conference in Dubai, the survey found that 62 percent of executives believ

Burt & Associates, with annual revenues of approximately $1.2 million, specializes in offering individual and group employee benefit insurance products and services to clients in Indiana and surroundi

Natick, Mass.-based Eastern Insurance Group has acquired Northborough, Mass.-based Kittredge Insurance Agency Inc. Terms of the deal were not disclosed. Eastern Insurance said it will retain the Kittredge's employees, and Francis J. Kittredge,

Is there a way for insurers to provide more information about claims outcomes--specifically, how much insurers actually pay to close a claim, versus how much the policyholder sought? A journalism

A number of prominent U.S. states have embraced the captive concept and dedicated considerable resources and expertise in producing very workable legislation. As such, it is harder to always

McAfee, Inc. has released the results of its S.P.A.M. (Spammed Persistently All Month) Experiment, in which 50 people from around the world surfed the Web unprotected for 30 days. The company

Aon Risk Services, the retail brokerage and risk management unit of Aon Corp., hired Stuart Rover as senior account executive at their Los Angeles office. Rover will be responsible for servicing client needs, expanding client relationships and