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The chairman of Progressive, once arrested in New Zealand for bringing small amounts of hashish and marijuana into the country, is looking to legalize medical marijuana in the insurer’s home state of Ohio, with an eye toward doing the same in other states.
Soft-market rate declines are beginning to ease, as some lines are exhibiting signs of flattening or modestly increasing, says The Council of Insurance Agents & Brokers.
Soft-market rate declines are beginning to ease, as some lines are exhibiting signs of flattening or modestly increasing, says The Council of Insurance Agents & Brokers.
Liam E. McGee, CEO of The Hartford Financial Services Group, says 2011 second-quarter catastrophe losses for the company may exceed the $200 million total the company was hit with in the 2010 second quarter.
A group of banks contesting the split of bond-insurer MBIA into two companies won a round in court against the New York State Insurance Department over the release of e-mails related to the plan.
A group of banks contesting the split of bond-insurer MBIA into two companies won a round in court against the New York State Insurance Department over the release of e-mails related to the plan.
C-suite executives expect risk managers to better explain risks and solutions and become more involved and integrated in daily activities, according to a recent survey.
Marsh & McLennan Cos. says its 2011 first-quarter net income jumped 31 percent as its flagship brokerage firms showed solid revenue increases and positive organic growth.
Marsh & McLennan Cos. says its 2011 first-quarter net income jumped 31 percent as its flagship brokerage firms showed solid revenue increases and positive organic growth.
Funding from the federal government is paving a path toward revolutionizing the modeling of storm surge, a Texas University scientist told members of a Senate committee at a hearing held Monday.
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