In a statement, Frederick H. Eppinger, chief executive officer for the Worcester, Mass., insurer said that while the third quarter results reflect extreme storm activity and recent turmoil in the fina

"Our equities performed worse than the S&P 500 for the quarter, although they outperformed the benchmark through nine months. Our fixed income securities were also down in the quarter, resulting in a

To recognize independent, multi-line agencies making the most innovative use of technology, National Underwriter--in partnership with the ACORD LOMA Insurance Systems Forum--invites nominations and en

Insurers writing directors and officers (D&O) insurance could face higher losses in the next few years from growing numbers of class-action lawsuits by equity investors, Standard & Poor's Ratings Serv

"Over the past several months FGIC and its leadership team have made significant progress in FGIC's recovery and remediation efforts," said Thomas C. Wajnert, chairman of the board in a statement. "On

Mr. Kelly added that the society's action will assist in the critical need to increase minority participation in the ranks. He noted that only 1.9 percent of the society's nearly 28,000 members are Af

Mr. Kelly added that the society's action will assist in the critical need to increase minority participation in the ranks. He noted that only 1.9 percent of the society's nearly 28,000 members are Af

The Hamilton, Bermuda-based insurer said its estimate of the claims from Hurricane Gustav would amount to $25 million, and Ike would come in at $150 million. The figures are net of reinsurance and rei