One charge will result in a write-off of its total $126.7 million investment in ChannelRe Holdings Ltd., a privately held financial guaranty reinsurer, and a second $55 million charge to increase incu

The bill, "Senate Committee Substitute for Senate Bill No. 176," would have expanded the types of damages allowed in wrongful death actions beyond "pecuniary" losses to include injuries resulting from

Florida Insurance Commissioner Kevin McCarty turned up the heat today in his effort to make Allstate lower property coverage rates, revealing that his suspension of the insurer's license was being exp

Prior to joining Hilton Hotels, Mr. Bollenbach was senior executive vice president and chief financial officer of Walt Disney Company and president and CEO of Host Marriott Corporation, and before tha

Prior to joining Hilton Hotels, Mr. Bollenbach was senior executive vice president and chief financial officer of Walt Disney Company and president and CEO of Host Marriott Corporation, and before tha

The Winston-Salem, N.C.-based company said insurance revenues increased by $7 million to $221 million compared with $214 million in the fourth quarter of 2006. The results were offset by soft market p

Towers Perrin in Stamford, Conn., said it believes it has better data coming firsthand from insurers. It reported in its quarterly survey of commercial lines insurance pricing and profitability trends

During a recorded conference call Howard Atkins, the company's chief operating officer, said the bank's consumer and small-business division saw double-digit growth in the 30 percentile range, while i