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An independent research study released today has found that rising temperatures over the next century will result in damaging effects on New Jersey's shoreline that devastate the state's economy and e
The insurer reported net income of $942 million for the quarter, compared to $1.25 billion a year ago. Travelers said it realized an underwriting gain of $338 million despite suffering catastrophe los
Japanese insurer Tokio Marine Holdings Inc. (TMHD) said today it will acquire Philadelphia Consolidated for $4.7 billion, and analysts saw the transaction as a good deal for the Bala Cynwyd, Pa.-based
WASHINGTON--The Doha-round of World Trade Organization talks underway in Geneva this week are critical to additional market-opening commitment for insurers in the foreseeable future, a U.S. insurance
Three thousand property and casualty insurers and over 850 life and health insurance companies were evaluated over a five-year period. Amerisure was one of 50 companies to make Ward's 50 Benchmark Gro
Cincinnati Financial Corp. announced today it was selling off more than half of its shares of Fifth Third Bancorp because the bank cut its dividend, and it expects sale proceeds of approximately $480
The company said that with Mr. Talerico's expertise it will revolutionize underwriting in New England and the Northeast, providing relief to those homeowners who have been unable to purchase insurance
"When preparing for a major software acquisition, insurers must not only review requirements and functionality but also guarantee that a vendor's system will grow with the business and remain valuable
E-Z Data, Inc., a provider of front-office systems for insurance companies, broker-dealers, general agents, and investment advisors, has announced the release of SmartOffice 6, the newest version of
The rating service said it was examining the "Aaa" ratings of Financial Security Assurance Inc. (FSA) and Assured Guaranty Corp. for possible downgrade. The rating agency cited elevated risks they fac
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