Aon Aviation, a unit of Chicago-based insurance broker Aon Corp., said the figures were skewed by significant premium increases at three May renewals. Two had lead hull and liability premium increases

Moody's Investors Service said it may downgrade the financial strength rating of bond insurers Ambac Assurance Corp. and MBIA Inc., saying both companies face financial hurdles that need to be overcom

NEW YORK--Diversification and managing costs are crucial for brokers as they navigate through the current soft market conditions, according to a panel of chief executives from insurance brokerage firms

"We are pleased to be recognized as a company that has created an inclusive environment," Kathy Marvel, senior vice president, Chubb & Son, and chief diversity officer for the Warren, N.J.-based compa

In a statement released yesterday, the Washington-based insurance broker association said that "due to ongoing labor problems at The Greenbrier resort in White Sulphur Spring, W.Va., The Council of In

NEW YORK--Conditions are right for an increase in merger and acquisition activity, but the state-based system of regulation is helping to impede the number of deals taking place, according to an expert

On Monday, Florida Insurance Commissioner Kevin McCarty affirmed a decision of an administrative law judge to deny Hartford Insurance Group's request for an increase in homeowner's insurance rates for

SAN FRANCISCO--A controversial proposal to collect insurance company data and store it nationally with the National Association of Insurance Commissioners continued to draw criticism even as regulators