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"Our acquisition of this non-admitted facility will enable Praetorian to react quickly to market conditions and provide our underwriting partners with additional flexibility," said Rod Fox, Praetorian
Reflecting the decline in net income after taxes, the industry's annualized rate of return on average surplus (net worth) fell to 13 percent in first-half 2006 from 15.6 percent in first-half 2005, ac
Brown & Brown's wholesale subsidiary, Ft. Lauderdale, Fla.-based Hull & Company, said it acquired Hatboro, Pa.-based Delaware Valley Underwriting Agency Inc. (DVUA) and its subsidiary, Residential Und
WASHINGTON--The insurance industry is better able to insure some terrorism risk without government backing, but protecting against more severe forms of attack remains problematic, according to a presid
Mr. Evans, a senior vice president with IIABA, has been with the association since 1998. Prior to joining IIABA, he worked for a major insurance company, a national employee benefits consulting firm
Just like this year's three finalists, the 2005 National Underwriter Commercial Insurance Agency Of The Year set itself apart from the competition by looking more at the sources of risk than simply
The three are: James N. Stanard, former RenRe chief executive officer; Martin J. Merritt, the former controller; and Michael W. Cash, a former senior executive of RenRe subsidiary, Renaissance
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