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The chairman of the Property Casualty Insurers Association of America (PCI) said the group has formed a Financial Services Regulatory Reform Committee as part of its effort to avert federal regulation
Health Insurance Exchange, with annualized revenues of approximately $1.2 million, focuses exclusively on employee benefits insurance for individuals and businesses in the state of Washington and thro
A consulting firm said insurance companies and investment managers are helping it create a "groundbreaking" database that gathers information helpful to insurance companies with asset management outso
Beazley Group plc, Lloyd's syndicates, said it has completed its acquisition of Momentum Underwriting Management Limited (MUM), which was first announced Sept 22. The transaction is worth up to $37.5
Beazley Group plc, Lloyd's syndicates, said it has completed its acquisition of Momentum Underwriting Management Limited (MUM), which was first announced Sept 22. The transaction is worth up to $37.5
However, the reinsurer advised that its long-term financial strength remains "robust" despite the fall in profits and noted that Standard & Poor's had confirmed its "double-A-minus" rating wit
Specialty insurance carrier Markel Corp. reported third-quarter income dropped 254 percent on lower investment returns and claims losses related to this season's hurricanes, but the company remains st
During a call with financial analysts today, Brian Duperreault, president and chief executive officer of the New York-based services company, said, "I am very pleased with the amount of progress we ha
In the case--E.H. Webb Blessley and Donna L. Blessley v. Fire Insurance Exchange; Orange Restoration dba ServiceMaster AAA Restoration, heard in the Orange County Superior Court--plaintiffs H. Webb Bles
WASHINGTON--Democrats have emerged from the election not only with control of the White House, but with a workable majority in Congress as they prepare to deal with a faltering economy and several insu
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