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Houston-based HCC Insurance Holdings, Inc., after an internal probe of improper stock option pricing, said it may restate prior financial reports and it has replaced Stephen L. Way, its founder and ch
Lloyd's USA president Wendy Baker, speaking Thursday at the 18th Annual Executive Conference for the Property-Casualty Industry sponsored by Ernst and Young and National Underwriter, said regulatory
NEW YORK--The head of a U.S. property-casualty insurer is so incensed about tax advantages foreign competitors have over U.S. counterparts that he's set a personal goal to have the situation changed, h
The latest release of ISO HomeValue, a residential replacement cost estimator, now allows personal lines insurers to assess catastrophe risk for individual properties using AIR Worldwide's (AIR)
Mr. Kreidler--speaking here during the closing session of the Property Casualty Insurers Association of America's annual meeting--said he was in favor of a proportional voting system for more populous
But Andrew Castaldi, senior vice president for Americas Hub Swiss Reinsurance Group, based in Armonk, N.Y., said that such funds concentrate too much similar risk in a given area, and end up merely
Ted Kelly, chairman and chief executive officer of Boston-based Liberty Mutual, told his audience that one of their biggest challenges is breaking from a commodity-based business model--akin to one
Democrat leaders in both the House and Senate are voicing strong support for prompt action on a permanent extension of the Terrorism Risk Insurance Act when they take control of Congress next year.
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