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He recently served as President and CEO of The Philadelphia Contributionship. He was president of United America Indemnity, Ltd., a specialty insurance holding company and president and CEO of Penn-A
Chicago-based insurer CNA Financial Corp. reported second-quarter net income fell 17 percent compared to the same period last year on a combination of increased losses, lower investment income and sof
The company said the issue is part of an open-ended program and is the first series of notes issued by Blue Coast Ltd., a special purpose vehicle launched for the benefit of the Allianz Risk Transfer
The agency that manages the National Flood Insurance Program must do a better job of providing information concerning properties that are the basis for repeated damage claims over the years, a federal
The leading figure in state regulation and the head of a major insurance industry trade group pushing for optional federal charters will meet face-to-face in a "Great Debate" over state versus
"We think the survey generally reflects what is going on in the marketplace," Ken Crerar, president of the CIAB, said in a statement. "There is still plenty of capacity, but as industry analysts have
Three finalists have been chosen in the second annual "National Underwriter Award For Excellence In Workers' Compensation Risk Management"--a program sponsored by the National Council On Compensation
Tokio Marine Holdings said it will acquire Philadelphia Consolidated Holding Corp. for $4.7 billion, topping the deal value of the Japanese insurer's last mega-deal, the acquisition of Kiln Ltd. for
The proceedings have been held jointly by the New York State Insurance Department and the New York Attorney General's Office. The first was held on July 14 in Buffalo, the second on July 23 in Albany,
Munich Re said in a statement that because of capital market turmoil--steep falls in share and bond prices--it expects its profit to be below an expected range of EUR3 billion to EUR3.4 billion ($4.71 billi
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