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In a decision last week, the court overturned a lower court ruling that state Attorney General Richard Blumenthal could not sue Marsh over harm to the state's economy because federal law trumped a sta
Florida lawmakers are considering legislation that would revoke the insurance industry's antitrust protections in the state as part of an effort to resolve the difficulties facing the state's insuranc
Business executives view China, India and Southeast Asia as the hottest destinations for merger and acquisition activity, but they also feel the region is the riskiest to operate in, according to a ri
The resignation announcement, which appeared on the Berkshire Hathaway Web site, follows convictions of former top Gen Re CEO Ronald Ferguson and Christopher Garand, former Gen Re senior vice presiden
But most do not see merger and acquisition activity as the best use of capital, preferring, share buybacks and organic growth, nor do they see it as the best way to improve ratings, according to a sur
Matthew C. Overlan, HCCSU's current chief financial and operating officer, will succeed Mr. Hubbard as CEO, and Marc D. Idelson, currently senior vice president, will be promoted to president and chie
The Louisiana Supreme Court handed the insurance industry a major victory last week with a ruling that there is nothing vague about a policy excluding "flood" damage--a decision that the defendant's
A softening market and slippage in underwriting results prompted a 36.2 percent decline in property-casualty insurer 2007 fourth-quarter after-tax consolidated net income to $12.5 billion, as well as
CCC Information Services Inc., Chicago, and Mitchell International, Inc., San Diego, announced the signing of an agreement under which they will combine in a merger-of-equals transaction valued at
Advocates of continuing state regulation for the insurance industry have a strong ally in one of Maine's U.S. senators, who told an agent group here she opposes an optional federal charter for
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