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The 2005 expenses were impacted by regulatory settlements, primarily an agreement with New York Attorney General Eliot Spitzer over allegations of steering insurance contracts to carriers in return fo
WASHINGTON--Legislation to clarify the rules concerning Medicare system rights for recovering monies paid for claims that should have been covered by workers' compensation was introduced in the House t
A conference committee bill harmonizing differing House and Senate language for the measure got the final nod yesterday from the upper house by a 40-0 vote. The House vote for the bill on Monday was 1
The day will also feature a panel discussion to be moderated by Ms. Weiner with the president-elect of the Independent Insurance Agents & Brokers of America, three insurance executives and an insuranc
Analysts appeared to react positively to Marsh & McLennan's first-quarter financial results where the company reported net income more than tripled over 2005, even though revenues dropped more than 1
Chicago-based Hub said Hirsh Wolf is a Brooklyn, N.Y.-based property-casualty insurance brokerage firm with special expertise in the health care industry. Hub said the acquisition would add approximat
Average cost for auto insurance nationwide for 2006 is estimated at $867--an increase of just $4 per vehicle from last year despite record vehicle-related losses arising from the 2005 hurricane season,
Results in the quarter include a $112 million increase in federal and foreign income taxes over the same period in 2005 as a result of the amortization of the domestic valuation allowance, which offse
Renaissance Holdings Ltd. reported first-quarter profits nearly quadrupling compared to the year-ago period as light catastrophe losses and lower than expected adverse reserve activity bolstered the
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