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Earlier this week, Brown & Brown reported net income increased $5.5 million, from $35 million, or 25 cents a share, to $40 million, or 29 cents a share. Revenues in the quarter increased 11 percent, o
"In the past five-to-10 years a number of developments have really put credit under attack," noted Roosevelt C. Mosley, a principal with Pinnacle Actuarial Resources Inc, speaking at the Oct. 4
IBM acquired FileNet to advance its Information on Demand initiative, IBM's strategy for pursuing the growing market opportunity around helping clients capture insights from their information so it
A rise in reinsurance costs, insurance capacity shortages from Hurricane Katrina and a shift in catastrophe modeling services have reduced availability of earthquake damage coverage, an insurance brok
ORLANDO--The two men running to succeed him as Florida governor have made "foolish" proposals to deal with the state's problems with the property catastrophe insurance market, Gov. Jeb Bush told an ins
WASHINGTON--The public sector can speed ongoing recovery from Hurricanes Katrina and Rita by building the Gulf Coast consumers' and businesses' confidence by working to ensure the area is better prepar
WASHINGTON--The public sector can speed ongoing recovery from Hurricanes Katrina and Rita by building the Gulf Coast consumers' and businesses' confidence by working to ensure the area is better prepar
J. Robert Hunter, Director of Insurance for the Consumer Federation of America, said industry figures "provide continuing evidence that the skyrocketing insurance rates of 2000 to 2003 have led to rec
Last week, the commissioner rejected an NCCI proposal for a 13.3 percent rate level cutback for the voluntary market and asked for an amended filing with a decrease of an additional 2.4 percent for a
For ACE, the exact third-quarter net income figure was the higher of the two, coming in at $578 million, or $1.72 per share, compared with a net loss of $112 million, or 43 cents per share in last yea
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