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Efficiency drive, expense control mandate prompts restructuringAon Corp. management, despite reporting a 10 percent gain in second-quarter net income, said it plans workforce reductions ...
Property rates expected to 'hold steady,' at least during hurricane seasonThe composite rate for property-casualty business shows an average reduction of 5 percent last ...
Three Marsh brokerage employees and an underwriter at Zurich American Insurance pleaded guilty last week in New York Criminal Court to felony charges related ...
Revenue up, but first-half profits undermined by soft market, regulatory costsDespite a slight increase in revenues for the second quarter and first half of ...
RenaissanceRe Holdings Ltd. Chief Executive Officer James Stanard has become the latest top industry executive to become ensnarled in the ever-widening probe into possible ...
AG Spitzer urged to explain, return campaign contribution from Aon executiveA Republican demand that New York Democratic Attorney General Eliot Spitzer's gubernatorial campaign explain ...
At least charge actuarially sound rates for gov't cover, CFA saysWashingtonAs Congress debates whether to continue the government's backstop for terrorism coverage, a new ...
Hurricane Dennis will cost insurers about $900 million in four states, the Insurance Services Office announced.The Jersey City-based ISO's Property Claim Services division said ...
Dec. 31 expiration looms as Democrats, Republicans battle over backstop's extensionWashingtonDemocrats and Republicans in Congress were at odds last week over the appropriate way ...
Disaster losses, reserve charges, price pressure might make boom short-livedThe property-casualty insurance industry didn't just experience its best first-quarter underwriting result on record in ...
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