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AQS, Inc., a provider of policy administration systems for commercial property/casualty insurance, has announced the acquisition of the assets and corresponding personnel of the AscendantOne Policy
The agreement provides Maiden with rights to offer renewal quotations on business currently existing with GMAC RE. Maiden anticipates targeting business that will be underwritten and rated in accordan
The agreement provides Maiden with rights to offer renewal quotations on business currently existing with GMAC RE. Maiden anticipates targeting business that will be underwritten and rated in accordan
Selective Insurance Group, Inc. reported third quarter net income of $9 million, or 17 cents per diluted share, a 76 percent decrease from the $37.1 million net income, or 66 cents per diluted share,
In a statement, Frederick H. Eppinger, chief executive officer for the Worcester, Mass., insurer said that while the third quarter results reflect extreme storm activity and recent turmoil in the fina
"Our equities performed worse than the S&P 500 for the quarter, although they outperformed the benchmark through nine months. Our fixed income securities were also down in the quarter, resulting in a
To recognize independent, multi-line agencies making the most innovative use of technology, National Underwriter--in partnership with the ACORD LOMA Insurance Systems Forum--invites nominations and en
Max Capital Group Ltd. reported a third quarter net loss of $163.2 million, or $2.79 per fully diluted share, compared to 2007 third quarter net income of $66.8 million, or $1.05 per fully diluted sha
Lloyd's of London continued to come under fire from human rights advocates today over market members' business involvement with the military junta that controls the nation of Burma and has renamed it
Insurers writing directors and officers (D&O) insurance could face higher losses in the next few years from growing numbers of class-action lawsuits by equity investors, Standard & Poor's Ratings Serv
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