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Insurers Generali and Zurich will invest in a Spanish bank set up by the government to manage toxic property assets, three sources familiar with the situation said.
Insurers Generali and Zurich will invest in a Spanish bank set up by the government to manage toxic property assets, three sources familiar with the situation said.
Following nearly two years of modeling, stress-testing and refining its business model, Weston Insurance Co. is ready to embark on a precedent-setting move to assume about $30 billion in exposure from Floridas bloated last-resort insurer.
Following nearly two years of modeling, stress-testing and refining its business model, Weston Insurance Co. is ready to embark on a precedent-setting move to assume about $30 billion in exposure from Floridas bloated last-resort insurer.
Global P&C insurance-pricing trends have led to modest gains for Marsh clientswith the U.S. leading price increases of more than 2 percent, says an executive with the industrys top insurance brokerage.
Global P&C insurance-pricing trends have led to modest gains for Marsh clientswith the U.S. leading price increases of more than 2 percent, says an executive with the industrys top insurance brokerage.
The U.S. Federal Housing Administration will raise fees and implement other "aggressive measures" so it may not need taxpayer money to cover a projected deficit for the first time in the agency's nearly 80-year history.
The establishment of a new database developed by LexisNexis is drawing support among some of the leading motorist insurers in the United Kingdom as a way to eliminate fraud among drivers that lie about their past driving habits in order to earn discount rates, according to Craig Beattie, a senior...
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