The decrease reflects lower realized capital gains and higher federal and foreign income taxes due to the reduction of the domestic deferred tax asset valuation allowance to zero in 2005, the company

Hub said Tuesday it completed its deal to purchase Fortun Insurance Agency based in Coral Gables, Fla., which it announced in early July. The firm is to be renamed Hub International Fortun, and eventu

WASHINGTON--A Treasury Department official said the agency is taking an increased interest in insurance matters, but has yet to determine what steps should be taken to bring regulation of the U.S. mark

IBM has announced the acquisition of Webify Solutions, an Austin, Texas-based, privately held provider of software and services for building service oriented architectures (SOA) in insurance and other

Marsh & McLennan's chief executive called the professional services firm's second-quarter financial results disappointing, with its flagship subsidiary, insurance broker Marsh, reporting a 6 percent d

Dynamic Building Restoration said commercial real estate owners, developers and property managers can make pre-arrangements so that if they sustain hurricane damage they have remediation services alre

The Florida Financial Services Commission (FSC), consisting of Gov. Jeb Bush and cabinet members, gave preliminary approval Tuesday for the OIR to activate a standby commercial property and casualty J

The New York-based carrier reported $151 million in net income, compared with $127.6 million for the comparable 2005 period. The specialty property business reported a 73 percent rise in operating inc