Stamford, Conn.-based reinsurer OdysseyRe said its majority shareholder, Fairfax Financial Holdings Limited, would sell 9 million shares of its holdings in the company.Fairfax Financial is ...

Judge Harvey Bartle III, sitting in the U.S. District Court, Eastern District of Pennsylvania in Philadelphia, granted the Briarcliff Manor, N.Y., insurance broker a new trial last week citing issues

With roots going back to 1980, Adams & Associates is a retail insurance broker specializing in missionaries and non-profit organizations and related persons residing, traveling, and/or working outside

"When you look at regulation in the United States and some other places, you realize how dysfunctional [and] how hostile regulation is outside Bermuda," said Donald Kramer, chairman and chief

Threat to U.S. economy should prompt insurers to look for common

"If you have an out-of-control company, but with a terrific capital modeling program, I am not sure how good that can be," he said, speaking at the 18th Annual Executive Conference for the

Edmund Kelly, chairman and chief executive officer of Boston-based Liberty Mutual, ranked "differentiation based on service rather than price" as the second-greatest challenge for insurers during his

Potentially record-setting profits this year for insurers might lead to a slew of problems down the road if it prompts "suicidal" competition and eroding public perception, a top Lloyd's official