The saga that was the attempted merger of Transatlantic Holdings and Allied World Assurance Co. Holdings has ended with what each are calling a mutual agreement, which makes Transatlantic $48 million lighter.

The saga that was the attempted merger of Transatlantic Holdings and Allied World Assurance Co. Holdings has ended with what each are calling a mutual agreement, which makes Transatlantic $48 million lighter.

The Florida Insurance Council develops its legislative agenda in preparation for the January start of the 2012 session.

The Florida Insurance Council develops its legislative agenda in preparation for the January start of the 2012 session.

A major shareholder of British-based insurance broker Jardine Lloyd Thompson will increase its holdings in the firm and invest an additional $260 million to strengthen the firms independence, the brokerage says.

McLarens Young International and Airclaims merge to expand claims, risk, and asset management services to the global aviation community.

McLarens Young International and Airclaims merge to expand claims, risk, and asset management services to the global aviation community.

Testimony at a recent Senate hearing alleges a lack of consumer protection by state regulators, while one expert says few insurers will be deemed systemically important by the Financial Stability Oversight Council.