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Nearly 60 percent of large and midsized U.S. businesses obtained terrorism insurance for their property during 2005--up 10 points from the year before and dramatically higher than 2003's 27 percent, a
The world's three major insurance brokers will once again be able to take contingent commission fees in their managing general agency businesses after renegotiating agreements with New York
The Public Entity Risk Institute, a nonprofit risk management training and educational organization, said the U.S. Department of Homeland Security has awarded a $750,000 development grant for systems
"It does not look like a factor going forward. The impact of aging has tapered off," Harry Shuford, practice leader and chief economist for NCCI Holdings Inc., said during a briefing at the recent
In a letter to the Financial Accounting Standards Board, Fitch Ratings Service said that overall it is satisfied with the current principles-based accounting and does not feel bifurcation is
Insurers fared reasonably well during California's recently concluded legislative session for 2006, although some potentially troubling bills are waiting on Gov. Arnold Schwarzenegger's desk, company
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