The St. Paul Travelers Companies today reported third-quarter net income of $1 billion, compared with $162 million for the same period last year, as this year's storm-free quarter continues to provide

For the third quarter, Willis reported that net income rose 97 percent, or $44 million, to $89 million, or 56 cents a share, from $45 million, or 28 cents a share in 2005. Revenues were up 11 percent,

Ohio authorities announced yesterday that Zurich American Insurance Company had agreed to pay the state $7 million in penalties and costs to settle various allegations including bid rigging with Marsh

Mitchell International announced the commercial release of Mitchell Dispatch yesterday, which it claims is the first fully Web-based resource planning and optimization system for the insurance claims

Earlier this week, Brown & Brown reported net income increased $5.5 million, from $35 million, or 25 cents a share, to $40 million, or 29 cents a share. Revenues in the quarter increased 11 percent, o

"In the past five-to-10 years a number of developments have really put credit under attack," noted Roosevelt C. Mosley, a principal with Pinnacle Actuarial Resources Inc, speaking at the Oct. 4

IBM acquired FileNet to advance its Information on Demand initiative, IBM's strategy for pursuing the growing market opportunity around helping clients capture insights from their information so it

A rise in reinsurance costs, insurance capacity shortages from Hurricane Katrina and a shift in catastrophe modeling services have reduced availability of earthquake damage coverage, an insurance brok