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Hamilton, Bermuda-based XL reported a 2010 third-quarter increase in net income while two other Bermuda-based insurers and reinsurers said net income was down for quarter.
Modeler Risk Management Solutions (RMS) said the end of the 2010 Atlantic hurricane season is not the time to relax. Conditions "are still ripe for further activity."
As many as half the nation's insurance commissioners could be new following Tuesday's elections, as one incumbent commissioner lost her bid to be re-elected while Republicans won the governor's office in 10 states.
Flooding, a 7.7 magnitude earthquake and tsunami combination, and a super typhoon highlighted what was a busy October for catastrophes, in what has already been an active year, Aon Benfield said in a new report.
Corporate insurance buyers need to enhance their coverages as much as possible while the market is still soft, according to a report by Willis Group Holdings.
The Hartford Financial Services Group Inc. swung to a 2010 third-quarter profit of $666 million compared to a net loss of $220 million a year ago due to
The Chubb Corporation announced that Kathleen M. Tierney will succeed Andrew A. McElwee Jr. as chief operating officer of Chubb Personal Insurance, effective immediately.
Claims Magazine is twittering every day about breaking news and timely topics -- not to mention keeping readers up to date on what's being posted on claimsmag.com.
The property and casualty industry has been through tough economic times, a slow recovery and "unparalleled" government expansion, but has "weathered the economic storm," an industry executive said here.
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