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Willis Group Holdings said its fourth quarter net income rose 20 percent based on new business and strong retentions, but its chief executive said modest growth is not acceptable and the firm is pushing a plan aimed at strengthening growth in the future.
Willis Group Holdings said its fourth quarter net income rose 20 percent based on new business and strong retentions, but its chief executive said modest growth is not acceptable and the firm is pushing a plan aimed at strengthening growth in the future.
An uptick in Allstate Corp.’s bodily injury claim frequency in auto insurance can largely be attributed to personal injury protection (PIP), no-fault laws in New York and Florida, but that alone did not drive a drop in fourth quarter profit for the insurer.
Trade groups representing the life, property and casualty, and reinsurance industries are asking the Treasury Department to defer indefinitely federal oversight of institutions deemed systemically risky.
Thirty years ago, insurers couldn't run fast enough from environmental risks. Today, more than 40 carriers are vying for pollution business. At a time when high-profile exposures like last year's BP oil spill are making headlines and underlining the need for coverage, learn how to get an edge in this...
Legislation proposed in some states that would bar workers’ compensation benefits for illegal immigrants could have the unintended consequence of incentivizing employers to hire such workers, an insurance group representative said.
Broker and risk adviser Marsh is advising clients affected by the unrest in Egypt to file an interim payment request—but not exactly to obtain money.
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