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Twenty-two percent of U.S. consumers polled, the NAIC said, reported they have reduced the number of times they see the doctor as a result of today's economy and 11 percent said they have cut back th
City of Hope cancer research and treatment center in Duarte, Calif., said it has received a $1 million gift from Tony Markel, Markel Corp. vice chairman, and his daughters, Diana and Melinda Markel, t
Navigators Group Inc., a New York-based specialty insurance holding company, announced today that its principal insurance company subsidiary has received approval to underwrite reinsurance in the newl
Syncora Holdings Ltd., the Hamilton, Bermuda-based guaranty insurer, said it may not survive as an ongoing business unless it can restructure the rest of its credit default swap agreements as it repor
"We have heard from many President's Club agents about the work that needs to be done to help restore communities and families affected by these storms," said Dan Agnew, Grinnell Mutual president. "Ne
McAfee Inc. has released the results of its S.P.A.M. (Spammed Persistently All Month) Experiment, in which 50 people from around the world surfed the Web unprotected for 30 days. The company concluded
The company's four insurance segments (GEICO, General Re, Berkshire Hathaway Reinsurance Group and Berkshire Hathaway Primary Group, plus investment income) saw net profit decline 8 percent, or $238 m
The New York State Workers Compensation Board said that it will have enough funds, without having to borrow money from the state unemployment fund, to pay claims on behalf of a deficit-ridden employer
GMAC Insurance--whose parent, GMAC Financial Services, recently reported a second quarter net loss of $2.5 billion--has stopped using independent agents to write business in three states and cut back
The company said the loss equaled $4.91 per share, after establishing a pre-tax first-lien premium deficiency reserve of $421.8 million. This compares to net income of $21.1 million, or 26 cents per s
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