During an investor's conference call Michael H. Lee, chairman and chief executive officer of both Tower and CastlePoint, said the deal will increase shareholder value and create efficiencies. Both man

Bermuda-based Axis Capital Holdings Limited reported an 8 percent dip in second-quarter net income compared to the same period in 2007. The company attributed results to increases in market competitio

Bermuda-based Axis Capital Holdings Limited reported an 8 percent dip in second-quarter net income compared to the same period in 2007. The company attributed results to increases in market competitio

Harleysville explained that the increase is partly due to a previously announced amendment to the intercompany pooling arrangement between Harleysville Group and Harleysville Mutual Insurance Company.

WASHINGTON--American International Group is by far the heavyweight amongst multiline insurers in lobbying Congress, spending $2.75 million in the second quarter alone in lobbying expenses, according to

The Burma Campaign UK report also said that after it had applied pressure, some of the world's largest insurance firms, including American International Group, had decided not to provide insurance to

The weather event titled Edouard did not arrive in the United States as a hurricane, hitting the U.S. Coast east of Galveston, Texas, as a tropical storm with maximum winds of 65 mph, according to the

The weather event titled Edouard did not arrive in the United States as a hurricane, hitting the U.S. Coast east of Galveston, Texas, as a tropical storm with maximum winds of 65 mph, according to the