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Mr. Meredith said that personal lines results have been the strongest, followed by primary commercial line carriers. Light catastrophe losses, robust capital management and large reserve releases cont
Mr. Abernathy, who is currently the firm's president and chief operating officer, last year with board Chairman Dave Hartoch, led the company through its divesture from Aon Corp. and its formation as
oFifty-two percent of organizations have a disaster plan; 27 percent are planning to have a plan within 12 months and 67 percent of those with disaster plans either created or revised their plan be
U.S. insured losses from storms this year have a 5 percent chance of exceeding Hurricane Katrina's $38.1 billion total in 2005, a catastrophe modeling executive warned at an industry conference last
An nationwide rise in property rates, which some experts had anticipated going into this year, hasn't panned out, but instead is limited to Southeastern states by 2005 hurricanes, according to an
Industry representatives, mainly brokers, evaded the question of why buyers haven't seen cost reductions for their insurance policies now that carriers are not paying contingency fees to many brokers
Attorneys for a Houston engineering firm and State Farm Insurance said they would not appeal a Mississippi judge's ruling denying most of their requests to restrict a criminal probe into the handling
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