Berkshire Hathaway, with its $7 billion deal to take over Lloyd's Equitas operation, is gambling that the move will be profitable because it has extensive background in handling asbestos claims, accor

Equitas, Lloyd's runoff operation for long-term exposures, and Berkshire Hathaway Inc. announced today that Equitas was buying $7 billion in reinsurance from a Berkshire subsidiary, which will run its

The Washington, D.C.-based Council of Insurance Agents & Brokers released its third-quarter market survey of its member brokers yesterday. The survey indicates that generally the market continues its

He is a director of Andrew Corporation and of Northern Funds/Northern Institutional Funds. He is a director and trustee of Children's Memorial Hospital, DePaul University and Chicago's Big Shoulders F

He is a director of Andrew Corporation and of Northern Funds/Northern Institutional Funds. He is a director and trustee of Children's Memorial Hospital, DePaul University and Chicago's Big Shoulders F

WASHINGTON--Two Democratic congressmen are joining the call for an end to the antitrust exemption for the insurance industry, making it likely that in the next Congress greater federal oversight of ins

Among the straws in the wind indicating the power of advertising, Mr. Wilt wrote, is data showing Allstate gaining market share in the preferred market while non-advertiser Safeco is losing in the sam

A.M. Best Co. has placed the financial strength rating (FSR) of A (Excellent) and issuer credit rating (ICR) of "a" of Bermuda-based Catlin Insurance Company Limited under review with negative implica