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SCOR reported net income rose EUR44 million (U.S. $65 million at the current exchange rate) to EUR225 million ($331 million). The results were on gross written premium of EUR2.75 billion ($4.04 billion) an
New York-based Tower Group Inc., which is acquiring CastlePoint Holdings Ltd. in Bermuda, said today that a CastlePoint subsidiary will acquire White Plains, N.Y.-based Hermitage Insurance for $135 m
The Professional Insurance Agents of New York State Inc. said they will hold their sixth-annual Hudson Valley Regional Awareness Program Oct. 23 in Tarrytown, N.Y.The ...
The announcement of the new attraction came from Bermuda-based RenaissanceRe Holdings, its U.S. affiliate WeatherPredict Consulting Inc., and partners the Federal Alliance for Safe Homes Inc. (FLASH),
New York officials said workers' compensation system reforms will reduce insurance rates for a second year with the cost declining by about 5 percent for 2009, following a 20.5 percent decrease for 2
WASHINGTON--If Sen. Joe Biden, D- Delaware, is elected vice president, it would set off a domino effect making Sen. Tim Johnson, D-S.D., chairman of the Senate Banking Committee next year, Senate Major
NASI said the drop in payments in 2006 (the most recent year with complete data) reflects large declines in California payments for workers' comp lost time indemnity cash benefits as reforms enacted i
The Florida Office of Insurance Regulation announced its intention yesterday to disapprove State Farm Florida's requested rate increase that would raise homeowner insurance rates 47 percent on average
MNC is the first wholly foreign-owned micro credit company in China, the company said. It added that in addition to AIG, MNC is jointly owned by the International Finance Corporation, KfW Bankengruppe
MNC is the first wholly foreign-owned micro credit company in China, the company said. It added that in addition to AIG, MNC is jointly owned by the International Finance Corporation, KfW Bankengruppe
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