Mr. Michelson, a veteran of 28 years in the insurance industry, has served as the company's president and chief operating officer throughout 2007 and has held several other key positions since joining

A pair of heavyweights--Insurance Information Institute President Robert P. Hartwig and Consumer Federation of America Insurance Director J. Robert Hunter--battled it out over Hurricane Katrina claims,

The Zurich, Switzerland-based insurer reported net income rose $831 million from $3.33 billion last year to $4.16 billion. Earnings per share rose CHF (Swiss Franc) 6.22 to CHF 34.80 a share, which tr

Despite the claims of the state's lieutenant governor, the issue of underinsured homeowners in the wake of the recent California wildfires cannot be blamed on the insurance industry, according to the

Adding to a recent drumbeat of news about falling insurance prices, a management firm said today that the property-casualty insurance market will stay soft in 2008 and rates for some lines could decli

Aon said its survey found only one in 10 companies in the Americas and Europe has fully integrated an ERM strategy, even though government regulators and corporate stakeholders are demanding they addr

The shock wave "was felt as far away as Santiago, some 1,245 km [772 miles] to the south," said Guillermo Franco, senior research engineer at AIR Worldwide. "A tsunami warning was issued for Chile and

WASHINGTON--Techies with an affinity for creating Web-based networking communities could soon replace insurance companies, especially those that are secretive about their pricing models for hard-to-pla