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Liberty Mutual Group's surprise announcement that it plans to acquire Safeco Corp. for $6.2 billion was met with positive comments from independent agent representatives, but cautious skepticism by
A basic duty of an insurance agent or broker is to provide requested coverage within a reasonable time period, but the duty doesn't exist until the producer agrees to procure the coverage, a court rul
National Underwriter has extended until June 9 the entry deadline for the second annual "NU Award For Excellence In Workers' Compensation Risk Management," sponsored by the National Council on Compens
National Underwriter has extended until June 9 the entry deadline for the second annual "NU Award For Excellence In Workers' Compensation Risk Management," sponsored by the National Council on Compens
Greenwich, Conn.-based W.R. Berkley Corp. reported yesterday that first quarter net income was virtually unchanged, but thanks to a share repurchase, net income per share increased to $1.03 from 93 ce
The agents association offered that assessment today after a meeting last week on Long Island between some of its agent representatives and a group of Assembly members, including Insurance Committee C
Oldwick, N.J.-based A.M. Best, reviewing 2007 key financial results for the Bermuda market and using total shareholders' equity as a measure of capacity, noted that the total for the Bermuda market ju
The company also reported that its earnings results were impacted by a change in contingent commission payments to supplemental commissions, increased professional and claims fees, the impact of acqui
John D. Finnegan, chairman, president, and chief executive officer of the Warren, N.J.-based company, noted a "competitive market environment" that exists in the industry, but said he was pleased with
John D. Finnegan, chairman, president, and chief executive officer of the Warren, N.J.-based company, noted a "competitive market environment" that exists in the industry, but said he was pleased with
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