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WASHINGTON--The Financial Services Roundtable, a consortium of financial services companies, issued a call yesterday for an optional federal insurance charter and other policy proposals before a meetin
The title industry's 2007 combined ratio, at 100.6, became unprofitable for the first time in 17 years, with the industry experiencing an $84.5 million underwriting loss, A.M. Best Co. said in a repor
Marsh & McLennan Companies, Inc. announced yesterday that it is among businesses given a top rating by an equal rights group for its treatment of gay, lesbian, bisexual and transgender employees, cons
Marsh & McLennan Companies, Inc. announced yesterday that it is among businesses given a top rating by an equal rights group for its treatment of gay, lesbian, bisexual and transgender employees, cons
This week, Mr. Karaogian wrote stocks "will be affected by efforts by governments around the world trying to restore confidence in the market. We continue to believe that many P&C stocks present very
The acquisition by Wells Fargo & Company of Wachovia Corporation, which secured Federal Reserve System approval Sunday, puts the company on track to be the fourth-largest insurance broker in the Unite
The acquisition by Wells Fargo & Company of Wachovia Corporation, which secured Federal Reserve System approval Sunday, puts the company on track to be the fourth-largest insurance broker in the Unite
The Travelers Companies Inc. said today that that its estimate of third quarter catastrophe losses--primarily from Hurricanes Ike, Gustav and Dolly--amounts to approximately $690 million after-tax and
The company announced the estimates ahead of its scheduled Oct. 28 third-quarter earnings release because of "the extraordinary market conditions and questions of investor confidence" for financial in
However, the number of bank holding companies reporting insurance income decreased slightly, according to findings by Michael White Associates bank insurance consulting firm in Radnor, Pa., and the Am
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