Cooper Gay & Co Ltd. has opened a new facultative and treaty reinsurance broking operation in Miami to support its existing offices in Latin America. Richard Stark and Mike Hernandez have relocated to Miami from Cooper Gay's London office. In

Risk Management Solutions (RMS), a provider of products and services for catastrophe risk management, unveiled its new RMS RiskAnalytics operation, a team of analysts to perform catastrophe modeling

Richard Kerr, founder and chief executive officer of the online insurance exchange, said, "In the second half of 2007 rates declined an average of 14 percent. We don't expect similar rate decreases in

Max Specialty Insurance Company said it has acquired Commercial Guaranty Casualty Insurance Company, an insurance entity licensed to write business in all fifty states and the District of Columbia. Te

London-based reinsurance broker Benfield Group Limited said it has made a $20.5 million cash investment in Globe Re, a new, limited-life reinsurance vehicle aimed at participating in a portfolio of U.

He fills the position left vacant after the resignation of Robert B. Lockhart in 2005 over discovery that he was involved in arranging improper payments in exchange for insurance contracts (see NU Onl

MAPFRE said it paid $36.70 in cash per share of Commerce's publicly traded stock, with total merger consideration of $2.2 million as of the date of the closing. The deal is worth more than $2.2 billio

MAPFRE said it paid $36.70 in cash per share of Commerce's publicly traded stock, with total merger consideration of $2.2 million as of the date of the closing. The deal is worth more than $2.2 billio