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The Richmond, Va.-based insurance brokerage firm reported second-quarter net income compared to last year fell $21 million, or 60 cents a share, to more than $1 million. Revenues increased 5 percent,
The Willis Group Holdings Ltd. insurance brokerage firm reported second quarter net income down 50 percent, thanks to the soft market and higher expenses associated with personnel cutbacks, although o
Insurers are cautiously offering coverage for green building projects, but many carriers remain reluctant to provide this specialized coverage as they continue to evaluate the risks involved, accordin
WASHINGTON--Collapse of the latest discussions at the so-called Doha round of trade talks under the auspices of the World Trade Organization is a "lost opportunity for the world's economy, especially t
NEW YORK--A myriad number of questions surround how insurers and other businesses will go about implementing the upcoming shift to international accounting standards, according to a briefing delivered
WASHINGTON--House floor action on two insurance bills will be delayed until Congress returns to work in September after a new California congresswoman voiced concern that one of the bills would inadver
WASHINGTON--House floor action on two insurance bills will be delayed until Congress returns to work in September after a new California congresswoman voiced concern that one of the bills would inadver
The Hartford and its chief executive officer, Ramani Ayer, said today the carrier will attempt to promote a public-private plan to deal with natural catastrophes that would include a federal backstop
The Hartford and its chief executive officer, Ramani Ayer, said today the carrier will attempt to promote a public-private plan to deal with natural catastrophes that would include a federal backstop
According to San Mateo, Calif.-based Guidewire, while billing has traditionally been viewed as a back-office function, in recent years it has taken a more prominent role in the front office as carrier
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