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Zurich Financial Services Group said its subsidiary, Zurich Spain, has acquired a 50 percent stake in Can Soluciones Integrales S.A. from Caja de Ahorros y Monte de Piedad de Navarra, a financial bank
In a note to its members, the Washington D.C.-based association said that the Greenbrier in White Sulphur Springs, W.Va., is involved in a labor dispute with members of its employees union. The union
Greenwich, Conn.-based insurer W.R. Berkley Corporation announced that it will change its New York Stock Exchange stock ticker symbol on its common stock from "BER" ...
According to the report, reinsurers will face an increasing volatility this year as support available from investment income and reserve redundancy falls away. It also sees competition heating up in t
Michael Paschke, regional executive vice president of Brown & Brown, said in a statement that this is the broker's first retail operation in the greater Sacramento, Calif. area. He added that the agen
The falling dollar is the best thing that could have happened to the U.S. economy, given today's difficult circumstances, former U.S. Treasury Secretary John Snow insisted in a speech last week at a N
As per the purchase agreement, the price reflects on a dollar-for-dollar basis an increase to Combined's net worth that occurred between the signing and the closing of the transaction. It was original
Microsoft Corporation stunned the insurance technology industry today with the announcement that it has agreed in principle to purchase the full assets of ACORD, the insurance data standards body
In its efforts to increase industry efficiency, the National Association of Independent Life Brokerage Agencies (NAILBA) recently has updated the NAILBA Imaging Implementation Guide to reflect
The Treasury blueprint proposal brought a mixed reaction in Congress. Rep. Barney Frank, D-Mass., chairman of the House Financial Services Committee, said "the plan goes too far in diminishing the
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