Also for the month, combined ratio deteriorated by 1.5 points, rising to 92.8. This was an improvement over the second-quarter results when the company reported a "respectable" combined ratio of 93.6

Zurich Financial Services Group bucked the trend of most insurers and reported a profit for the first half of the year, reporting a slight drop in its combined ratio despite the falling prices affecti

The Property Casualty Insurers Association of America (PCI) statement came after New York Insurance Superintendent Eric Dinallo convinced GEICO last Wednesday to withdraw a rate increase request for m

Marsh insurance brokerage has named Sanjay Kedia as chief executive officer and country manager for Marsh India Insurance Brokers Private Ltd. He replaces Jonathan Bitcheno, who retired after 30 years

Mr. Bell also has been vice chairman of the International Association of Insurance Supervisors, Basel, Switzerland, and a limited partner in the Mobile Bay Bears Baseball Team, an affiliate of the Ari

Daytona Beach, Fla.-based insurance broker Brown & Brown said it has acquired niche insurance broker Reed Brothers Insurance Group Inc., of Columbia, Ky. and Tampa, Fla. Financial terms were not discl

Florida Office of Insurance Regulation Officials pressed State Farm representatives at a hearing today to justify a recent filing for a 47 percent rate increase for homeowners insurance rates in the s

Chicago-based Wells Fargo Insurance Services Inc. said that its brokerage affiliate, ABD Insurance and Financial Services, has acquired Santa Rosa, Calif.-based Martin Financial/Insurance Services. Fi