Daytona Beach, Fla.-based insurance broker Brown & Brown Inc. said it has increased its quarterly cash dividend payment by 7 percent.The firm increased its payment ...

The St. Paul, Minn.-based insurer reported net income compared to last year dropped $984 million in the quarter to $214 million, translating into net income per share dropping $1.45 to 36 cents a shar

An insurance buyers' organization, while voicing support for New York's upcoming rule to require certainty of terms close to the inception of an insurance contract, is asking what penalties will be in

Despite anger at AIG for nearly taking down the entire financial system with its credit default swap trading, it makes sense to rethink the terms of Uncle Sam's bailout loan deal if it means getting

According to a study by Aon Re Global, the prospective ROE will stand at 6.5 percent versus 7 percent in 2007, and the firm suggested insurers must raise rates and work on their reinsurance arrangemen

Towers Perrin said the fall of comes because insurers have been hit by equity and credit-related losses on asset portfolios, hurricane catastrophe losses and a spike in directors and officers liabilit

The general insurance industry has experienced limited impact from the credit crisis because of its limited exposure to subprime investments, and few carriers have received negative rating actions, a

The comments were made at a hearing before the House Financial Services Committee on how financial regulation should be restructured to reflect the lessons learned from the current meltdown of financi