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Arthur J. Gallagher & Co. insurance brokerage reported 2005 fourth-quarter net income dropped $41.6 million, or 85 percent, driven down by the loss of contingent commissions, regulatory expenses and a
Bank of America property-casualty analyst Brian Meredith said results show that "competitive pressures and to some extent catastrophe management activity continue to hamper growth, with premium in for
Bank of America property-casualty analyst Brian Meredith said results show that "competitive pressures and to some extent catastrophe management activity continue to hamper growth, with premium in for
Guidewire Software, a provider of solutions for property/casualty and workers' compensation insurers, announced Jeffrey Simpson has joined the company as chief executive officer and chairman of the
The judge assigned to the civil fraud action against American International Group and its former chief executive, Maurice Greenberg, has declared that the "politics" of the high-profile case won't
A recent 3rd U.S. Circuit Court of Appeals ruling in an asbestos injury case against St. Paul Travelers could potentially expose the carrier to over $1 billion in claims, a lawyer in the case
Instead, in a revised decision handed down Jan. 25, a panel of the 9th U.S. Circuit Court of Appeals in San Francisco said the lower court hearing the case should decide based on testimony already
Last year's hurricane losses have not resulted in substantial insurance price increases for much of the country, but the situation for coastal properties is a different story, a recent producer group
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