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The Hartford and its chief executive officer, Ramani Ayer, said today the carrier will attempt to promote a public-private plan to deal with natural catastrophes that would include a federal backstop
According to San Mateo, Calif.-based Guidewire, while billing has traditionally been viewed as a back-office function, in recent years it has taken a more prominent role in the front office as carrier
Zurich Financial Services Group, through its subsidiary, Zurich Beteiligungs-AG (Deutschland), will acquire privately owned German accident insurer Baden-Badener Versicherung AG. The purchase price wa
One report released by NERA Economic Consulting, called "2008 Trends: Subprime and Auction-Rate Cases Continue to Drive Filings, and Large Settlements Keep Averages High," said filings are on pace to
George Rosiak, Emerson Reid president, said, "We are pleased to welcome John Hobson and the GBA team members to Emerson Reid. This merger further solidifies our footprint as the leading employee benef
Of Safeco shareholders who voted, the company said 99.5 percent voted to approve the Liberty Mutual transaction. Under the terms of the merger agreement, Liberty Mutual will acquire all outstanding sh
The Itasca, Ill.-based firm reported net income for the second quarter dropped $3 million to $41 million compared to the same period last year. The results translated into 45 cents a share from contin
Two of the oldest participants in the Bermuda casualty insurance market reported markedly different second-quarter results, and the older one, ACE, is benefiting from the problems of competitor XL, ex
Businesses are failing to obtain enough liability protection to protect their bottom line, but a majority of company owners say the amount of risk they foresee does not justify purchasing the coverage
Businesses are failing to obtain enough liability protection to protect their bottom line, but a majority of company owners say the amount of risk they foresee does not justify purchasing the coverage
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