Wachovia is a major insurance brokerage player, ranked in the top 15 insurance brokerage firms in the United States. The company says it employs more than 1,300 insurance professionals, with annual re

According to Burma Campaign, in 2003 British American Tobacco pulled out of Burma after receiving similar requests from the British government and Premier Oil eventually pulled out of Burma in 2002 af

The company said it expects pretax earnings for the third quarter of 2008 from the two hurricanes to impact earnings in the range of $105 million to $180 million, net of reinsurance and reinstatement

It said, however, the AIG board's Audit Committee determined that the delay necessary in securing shareholder approval prior to the issuance of the preferred stock would seriously jeopardize the finan

A Sept. 26 article incorrectly reported on the hiring of Centerview Partners Holdings LLC to aid in oversight of the insurance subsidiaries of American International Group Inc. Centerview was retained

XL Chief Executive Officer Michael S. McGavick said, "We are pleased that even at the high end of our current estimates, losses from these two hurricanes represent less than 3 percent of pro forma tot

Some insurance industry trade groups voiced grudging support for the extension, although they said they had hoped Congress would have completed work on legislation that would have extended the program

The soft insurance market has put pressure on all independent agencies to step it up when it comes to value-added services to protect their books of business from poaching by price-driven