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Arthur J. Gallagher & Co., reversing a $6 million loss for the period in 2008, reported first quarter net income of $26.4 million, helped by a strategy of acquisitions and cost cutting.
The Willis Group Holdings Ltd. brokerage said first quarter net income increased 15.7 percent to $192 million, which management attributed to stringent cost controls and the diversity of its operations.
Independent agents at a conference here heard Sen. Jon Tester, D-Mont., voiced strong support for state insurance regulation today while Republican legislative speakers discussing health care, said reforms should avoid overregulation.
NU Assistant Managing Editor Caroline McDonald discusses Lloyd's just-released report on global warming and wonders just how prepared risk managers are for this potential mega-disaster.
Today, insurers often upgrade technology platforms to streamline claim processes. Learn how to embrace the process and successfully deal with challenges that persist long after the initial implementation.
A delegation of 18 from the Independent Insurance Agents and Brokers of Japan visited NU this week to discuss the fallout from the economic meltdown, AIG's troubles and other challenges.
Zurich-based ACE Limited management said a decrease in investment losses boosted first-quarter net income to $567 million, up 50 percent over the comparable period last year.
California's insurance commissioner followed a hearing on a request by workers' compensation insurers for a 23.7 rate increase yesterday by announcing he will hold another session on June 8 to question carrier medical costs.
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