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As a mutual, the company is not obligated to report publicly as do publicly traded companies, he noted. He added that while Mr. Rust received a substantial performance bonus, unlike public companies,
Rep. Carolyn Maloney, D-N.Y., did not specify what terms would be included in the forthcoming measure when she spoke at a session of the key insurance subcommittee of the House Financial Services Comm
Rep. Carolyn Maloney, D-N.Y., did not specify what terms would be included in the forthcoming measure when she spoke at a session of the key insurance subcommittee of the House Financial Services Comm
Risk Management Solutions has lowered its worst case insure loss estimate for windstorm Kyrill, which hit Europe in mid January, to between $4 billion and ...
In January, the company reported net income rose 6 percent, or $39 million, in the fourth quarter to $654 million. Earnings per share rose from $1.46 to $1.56. Net premium written dropped from $3 bill
In January, the company reported net income rose 6 percent, or $39 million, in the fourth quarter to $654 million. Earnings per share rose from $1.46 to $1.56. Net premium written dropped from $3 bill
Zurich Financial Services is listing 500,000 new registered shares priced at Swiss franc 0.10 (U.S. 8 cents) per share out of contingent capital at the ...
WASHINGTON--The National Association of Mutual Insurance Companies said its top legislative priority this year will be halting efforts to repeal the McCarran-Ferguson Act antitrust exemption for insure
Insurers are going to have their hands full trying to convince a growing lynch mob in Congress not to strip them of their precious federal antitrust exemption, says NU Editor In Chief Sam Friedman in
Robert P. Hartwig, Insurance Information Institute president and chief economist, said p-c companies have only 17 percent of their assets in stocks, so a drop in the price of shares would have only
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