His announcement came after shares of the Hartford, Conn.-based insurer were off about $3 in afternoon trading after opening at $26.46. Earlier, the stock hit a new 52-week low of $21.34. Meanwhile, U

Fireman's Fund said the $20 million mark was passed this week in Heath, Texas, when the city's department of public safety received a $10,000 grant for a new high-tech educational robot used to teach

Steve Bonynge, managing director of HSBC Insurance Brokers (Middle East), said, "Qatar is an important and growing insurance market, and we are delighted to be joining the QFC [Qatar Financial Center

The others were airlines; real estate and construction; retail; banks and bank holding companies; and finance, securities and leasing--with the last two industries having the largest absolute number of

Validus Holding, Ltd. said it expects its insured losses from Hurricanes Ike and Gustav to amount to $185 million, adding that it believes industrywide losses from Ike could be $4 billion higher than

Sponsored by the department's Louisiana Automobile Theft and Insurance Fraud Prevention Authority, the Vehicle Theft and Insurance Fraud Conference will be held at the Holiday Inn Select in Baton Roug

Mr. McKnight, head of BancorpSouth Insurance Services since 2005, was selected for the post during a general membership meeting held with the 95th annual Insurance Leadership Forum held in Henderson,

Tower said it expects to record an other-than-temporary impairment and take a non-cash charge to earnings during the third quarter totaling $2.1 million, net of tax, for bonds issued by Lehman Brother