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In his expanded role, Mr. LaRocco will bring together the company's property-casualty operations and have profit-and-loss responsibility for all of Safeco's product lines, including product developmen
The indictment did not name Maurice Greenberg, former AIG chief executive and chairman, who has been fingered in previous proceedings as the mastermind for a scheme that allegedly involved bogus
e2Value, Inc., a Web-based property valuation provider, and First Internet Solutions (FIS), an application service provider for the property/casualty insurance industry, have agreed to provide
The Sarbanes-Oxley Act hasn't cleaned up the accounting practices of corporate America enough to improve loss costs for directors and officers liability insurers, an accounting expert said here yester
Washington--Besides financial restructuring, reform of the National Flood Insurance Program must include updating flood plain maps used to set premium rates and home purchase requirements, witnesses to
Combined ratios north of 130 for directors and officers insurance in the not-so-distant past haven't led underwriters to swear off the business, but they're picking their spots to try to turn a profit
Guidewire Software, a provider of solutions to property and casualty and workers' compensation insurers, announced that Jeffrey Simpson has joined the company as chief executive officer and chairman o
Washington--Federal prosecutors here unveiled an indictment today accusing three executives formerly with General Re and one from American International Group with participation in sham transactions to
Increased insurance business in the Middle East and North Africa and an escalation in Takaful, or Islamic insurance, have raised rating questions about new companies coming to market, a ratings agency
Treasury Department officials are refusing to give details of a meeting held yesterday with insurance and banking industry representatives to discuss possible administration support for optional feder
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