Check out breaking insurance news from our companion site, PropertyCasualty360.com - where agents, brokers, insurers and claims professionals have access to news, research and data, product info, compliance and legal updates, technology developments, industry trends, and more.
The program, XL noted, includes $135.4 million remaining from a repurchase of shares that was authorized by the board in January 2000. David Radulski, senior vice president and director of investor re
"We're thrilled to have Mark Peters, who is an outstanding attorney with a long record of standing for public integrity and has the perfect skills set to lead the Liquidation Bureau," Acting New York
Reinsurance recoverables, which are essentially the outstanding claims held by insurers against their reinsurers--or in this case, by reinsurer Hannover Re against its retrocessionaires--have been a sub
Hub may still solicit proposals and negotiate with other parties until March 19. If Hub terminates the agreement before April 10 to enter into an alternative deal, the firm would pay a break-up fee of
The Oldwick, N.J.-based firm said the impact of the reform measure on the reinsurance sector may be limited to an overall price softening as the legislation encourages an exit from the Florida market
Skywire Software announced the completion of its $127 million acquisition of Docucorp International, a provider of customer communication management solutions. The companies will merge to deliver
New York's new attorney general, Andrew Cuomo, appears to be taking over where Gov. Eliot Spitzer left off in pursuit of a lawsuit against American International Group's former chief executive,
The representatives--one black and the other Hispanic, who both hail from districts with a preponderance of minority residents--have alerted colleagues they intend to introduce legislation that would
Mississippi Attorney General Jim Hood's plan to tie auto insurance underwriting to property coverage got a lukewarm response from the governor and insurance commissioner, while being universally
FC&S Coverage Insider helps you stay on top of what's happening in the industry, bringing you the latest risk and coverage analyses, discussions, and more.