In New Mexico, the insurance department is run under the aegis of the PRC, one of whose commissioners, Lynda Lovejoy, issued a statement expressing concern about the dismissal, saying the reasons for

But auto premium shrank 5.6 percent and unit count fell 3.3 percent. "This is initially inconsistent with the view that Safeco can grow at a faster rate than more nationally diversified peers," he wro

Morgan Stanley analyst William Wilt said that while earnings per share came in at about half what his bank expected, "the vast majority of the miss was due to weak alternative asset performance this q

Morgan Stanley analyst William Wilt said that while earnings per share came in at about half what his bank expected, "the vast majority of the miss was due to weak alternative asset performance this q

Legislators' group puts off okay on national mega-cat risk

The Toronto-based financial services holding company filed the suit in Superior Court, Morris County, N.J. It alleges violations of various state laws, including the New Jersey Racketeer Influenced an

He noted that internal investigative procedures "must now take priority. Oversight committees should now be formed and independent experts called in to assess corporate policy in light of existing D&O

Company chairman Jay Fishman noted that strong retention rates and attractive margins continued. "We see attractive new business opportunities, although with retentions high on an industry basis, the