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Almost a year after it was struck by Hurricane Katrina, Louisiana's economy is in desperate shape, but conditions for that state and Mississippi should improve as insurance claims payments and $107 bi
Jim Cramer, host of the CNBC television program "Mad Money" and contributor to TheStreet.com, placed MMC Chief Executive Officer Michael Cherkasky on a list of CEOs who, if they left, would cause thei
Mindy Lubber, president of Boston-based Ceres, said that climate change not only poses unprecedented risks to the insurance industry, but also creates vast opportunities for new products and services
The insurance broker said yesterday that it will lease 205,000 square feet of One World Financial Center, moving operations from its current Hanover Square and Wall Street Plaza offices. The complex i
How the Securities Valuation Office arm of the NAIC rates hybrid securities is a matter of concern to both insurers and Wall Street because of the impact on the market for these investment vehicles as
The panel is holding a session in Orlando Thursday at which reinsurance executives will look at a number of methods of expanding reinsurance capacity. Primary carrier and agent representatives will al
The panel is holding a session in Orlando Thursday at which reinsurance executives will look at a number of methods of expanding reinsurance capacity. Primary carrier and agent representatives will al
The Alexandria, Va.-based association said the nationally endorsed program will provide liability coverage for agents--for example, protecting agents in the event they fail to provide a specific covera
The New York Department of Insurance is currently taking no special action to prod insurers who owe on claims for the destruction of the World Trade Center to expedite payments, a department spokesman
John L. Lumelleau, Lockton's chief executive officer, said the all-cash transaction is another step for the company that views itself as an alternative to larger global insurance brokers. The deal is
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