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The programs can be a "wonderfully smart use of assets but also [can leave companies] vulnerable to extreme stress," Mr. Dinallo explained as part of a discussion that mentioned problems at American I
NCCI said in a brief that such losses have gone up "dramatically" to a projected 59 percent for medical against 41 percent for wage replacement indemnity costs in 2007, based on actuarial estimates of
The National Association of Professional Insurance Agents said it is seeking nominations for three national awards that will honor agents and service representatives who exhibit distinction in their f
Stewart & Tunno, with annualized revenues of approximately $1.8 million, focuses on property-casualty insurance for individuals and businesses in Portland and throughout the United States, Brown & Bro
Itasca, Ill.-based insurance broker Arthur J. Gallagher & Co. said it has acquired The Treiber Group LLC and Treiber Agency Group LLC, both located in Garden City, N.Y. Terms of the deal were not rele
The firm said Mr. Mears has held several senior executive positions in the insurance industry over the past 20 years and has most recently been an insurance industry consultant. Earlier in 2008 he was
Universal said the new company, American Platinum Property and Casualty Insurance Company, will write homeowners' multiperil and inland marine coverages on homes valued in excess of $1 million, which
Insurers, when they decide to outsource the job of investment manager to a third party, rely less on a structured selection process and more on their trust and comfort level with the outsource operat
American International Group has responded to critics of the company's decision to make payments to retain certain executives, noting that it could lose valuable employees and even reinsurance contrac
Economists with the firm said that in 2008, the insurance sector successfully weathered the financial turmoil, but as market uncertainty could continue well into 2010, the industry needs to preserv
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