The Bermuda-based reinsurer will use the net proceeds from the sale to pay a cash distribution to the parent White Mountains, which in turn will use the majority of this distribution to repay its outs

At the spring meeting of the National Association of Insurance Commissioners in New York this week, the Financial Condition Committee sent a disaster reporting framework proposal back for some retooli

In a friend-of-court brief they and other business groups argue that courts should not allow a "handful of experts" espousing "speculative opinions" to expand the scope of those who win money damages

In a friend-of-court brief they and other business groups argue that courts should not allow a "handful of experts" espousing "speculative opinions" to expand the scope of those who win money damages

Willis Group Holdings Limited said the brokerage plans to purchase approximately 1.25 million shares of its common stock from Keefe, Bruyette & Woods using an accelerated repurchase program for an ini

Willis Group Holdings Limited said the brokerage plans to purchase approximately 1.25 million shares of its common stock from Keefe, Bruyette & Woods using an accelerated repurchase program for an ini

Michael La-Band, who spent two years with McLarens Young International in London, where he became associate director of property and casualty claims, was named managing director for the Mexico operati

WASHINGTON--Legislation to bar insurers and other companies from deducting legal settlement costs from their taxes would increase "the current, anticompetitive legal cost burden facing U.S. manufacture