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The company said the Progressive Direct Group of Insurance Companies, which sells auto insurance to consumers by telephone and over the Internet, began offering its "TripSense" product last month in M
The New York-based professional services firm, parent company of insurance broker Marsh, said it increased the dividend on its common stock from 17 cents to 19 cents a share. The dividend will be paya
The arrangement became effective Jan. 1. MYI said the new affiliate would provide clients with "an experienced resource in the Netherlands with the same high standards and adjusting philosophy as deli
The property reinsurance market, despite a severe midyear U.S. capacity crunch, has recovered rapidly from record 2005 losses and marketplace competition is heating up, according to a brokerage firm's
WASHINGTON--Several Supreme Court justices voiced concern today about the practicality of an appeals court decision implying insurers must notify consumers when their credit record results in a higher
The company said its registration statement has been filed with the SEC but has not yet become effective. The company further advised that the securities may not be sold, nor may offers to buy be acce
Spencer Educational Foundation Inc., an organization dedicated to supporting undergraduate and graduate students in the risk management and insurance disciplines, has received a $100,000 pledge from t
Advocates for Highway and Auto Safety earlier this month released its fourth annual highway safety report that rates each state and the District of Columbia on their adoption of 15 of what the group c
Insurers that adopted a tough stance on Hurricane Katrina claims involving storm surge face bigger losses and possibly punitive damages in the wake of a federal court ruling last week, according to a
Losses from catastrophe events declined sharply last year, but were nonetheless at their sixth highest level since 1997. In terms of frequency, the 33 events last year came in second to the 37 in 1998
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