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Zurich Financial Services Group said it has completed the acquisition of 66 percent of OOO NASTA Insurance Company, a personal lines insurer in Russia, after receiving all regulatory approval. Transac
Risk Specialists Companies Inc., a member company of New York-based American International Group Inc., said it acquired Guild Underwriters Napa Inc. and its affiliated companies. Terms of the deal wer
WASHINGTON--Insurance companies will be forced to pay huge costs resulting from litigation that will follow the Supreme Court's decision yesterday allowing states and municipalities to sue companies ov
The recommendation was contained in the report of the Antitrust Modernization Commission. Four of the 12 members of the commission specifically called for repeal of McCarran-Ferguson and three other a
Charles E. Haldeman, president and chief executive officer of Putnam Investments, the financial services arm of New York-based MMC, made $13.8 million in total compensation. Michael G. Cherkasky, MMC'
Charles E. Haldeman, president and chief executive officer of Putnam Investments, the financial services arm of New York-based MMC, made $13.8 million in total compensation. Michael G. Cherkasky, MMC'
New research from TowerGroup, a research and advisory services firm, has found that the time is right for U.S. property-casualty insurers to aggressively exploit the business benefits of mobile techno
Mr. Sullivan, 45, most recently served as senior vice president of Specialty Risk Services, LLC, a subsidiary of The Hartford Financial Services Group, Inc. The company is one of the major property-ca
Mr. Sullivan, 45, most recently served as senior vice president of Specialty Risk Services, LLC, a subsidiary of The Hartford Financial Services Group, Inc. The company is one of the major property-ca
Tropical Storm Risk, part of the Benfield Hazard Research Centre at University College, London, also revised its 2007 Atlantic basin hurricane forecast upward, saying the number of hurricane landfalls
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