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Hill Rogal & Hobbs reported the brokerage saw a slight decline in net income for the first quarter.The Glen Allen, Va.-based company reported first-quarter net ...
"Similar to trends we have seen in other brokers this quarter, organic growth decelerated to 1 percent, down from 4 percent in the fourth quarter of last year and 5 percent in the third quarter," he w
Bear Stearns analyst David Small noted that the earnings per share passed his estimate of $2.25 and the consensus of $2.13. He said the main driver of the upside was higher income from investment and
Her appearance was the latest in an ongoing drive by risk retention groups to secure federal approval for insuring additional areas of risk. The RRGS have been limited to providing liability insurance
"While others are struggling to maintain expense ratios in this declining rate environment, ACE was actually able to lower its overall expense ratio by 120 basis points on a year-over-year basis," Mr.
WASHINGTON--Renewal of the federal Terrorism Risk Insurance Act drew expressions of support at a House Financial Services Subcommittee hearing yesterday, but how long that extension should last was deb
The newest arrival is a medical malpractice insurer. Vermont Deputy Insurance Commissioner Len Crouse said medical captives were a major trend a few years back, but the state is being used as a captiv
Two Bermuda executives said yesterday their companies wouldn't be greatly impacted by a change in U.S. tax laws that Chubb insurance said it will fight for to eliminate an advantage held by Bermuda co
Democrat Adelaide "Alex" Sink, the CFO, made her announcement six days after she announced an inquiry into the office of Republican Commissioner Kevin McCarty. It follows an apology by Mr. McCarty and
When NU's Tech Guru Ara Trembly posted an item recently on his blog about a renowned hurricane researcher who claims Al Gore is completely wrong on the issue of global warming, little did he realize
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