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Mr. DiMatteo told his membership he hoped the association would work with state legislators on new issues, such as concerns with homeowners' inquiries and claims, rebating, and better communication ab
According to the insurance brokerage's March 9 10-K filing with the Securities and Exchange Commission, a planned three-year restructuring plan, in addition to job cuts, also involves space consolidat
The Princeton, N.J.-based subsidiary of Munich Re also reported a full-year net loss of $1.6 billion, primarily as a result of a $1.4 billion reserving charge in the second quarter, compared with net
New York-based Marsh & McLennan Companies has reached an agreement with the California Department of Insurance to settle charges of bid-rigging and other improper conduct, the department announced yes
The insurance broker said it is a major step to engaging the nation's banking industry. The company also said the agreement signals growing recognition in China of the need for insurance broking servi
Attorneys representing insurers who lost their argument to a jury that destruction of the World Trade Center by terrorists was one covered event, not two, are hoping an appeals court will throw out th
DBR filed motions with Superior Court Judge Melanie Wilk Thunberg in Warwick, R.I., asking for reconsideration of her ruling last week that the material from Beacon Mutual Insurance Co. should not be
More than 500 corporate insurance decision-makers were interviewed for the survey from a sample of U.K. midsize-to-large corporate businesses that use a broker for their main commercial property-casua
Northbrook, Ill.-based Allstate was put at the top of the list by both buy-side and sell-side analysts, according to Institutional Investor, which said its findings were based on the views of 1,127 bu
The Stamford, Conn.-based Tillinghast business of Towers Perrin found the cost of the activity grew at a slightly faster pace in 2004 (5.9 percent) compared to 2003 (5.5 percent), but was below the h
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