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WASHINGTON--Rep. Barney Frank, D-Mass., chairman of the House Financial Services Committee, said today that he will work with another House committee chairman to draft legislation that would create a
Microsoft announced last week that it will cut 5,000 jobs due to declining sales, but what, if anything, will those layoffs mean to technology in the insurance industry? NU's Ara Trembly weighs in
Executives at PartnerRe said today a 47 percent drop in fourth-quarter 2008 net income was due to actions they took to account for potential losses in credit and surety lines and to revisions in
The governor, in a statement, called Mr. Long "a giant of a person, a tremendous public servant and a close personal friend. He was serious when it came to helping the public and at the same time he
Hannover, Germany-based Hannover Re released a buoyant report today saying Jan. 1 non-life reinsurance renewal volume was nearly 5 percent and it expects 17 premium volume for all lines in the year
Hannover, Germany-based Hannover Re released a buoyant report today saying Jan. 1 non-life reinsurance renewal volume was nearly 5 percent and it expects 17 premium volume for all lines in the year
New York-based Standard & Poor's Ratings Services announced yesterday that it has raised credit and debt ratings for Bermuda-based AXIS Capital and also uped the financial strength ratings of its
David Perez, Torus' president and chief underwriting officer, global casualty, said: "At a time when many established casualty markets are experiencing a significant intellectual capital drain in the
The Kansas City, Mo.-based National Association of Professional Surplus Lines Offices, Ltd. announced the launch today of the NAPSLO Executive Leadership School, which will provide continuing
The under-review status reflects Ironshore's material deviation from its original business plan and the risks in implementing key components of its new plan given current market conditions, the
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