"By addressing these components of severity, insurers can target their efforts toward improving overall cost trends in workers' compensation," he said. "This can help them avoid the potential soft mar

A.M. Best Co. placed the financial strength and credit ratings of both the Ariel holding company and reinsurance subsidiary under review with negative implications after Friday's acquisition announcem

Paul Scope, chairman and chief executive officer of the Park Group and Mark Simons, managing director of Park (Bermuda) Ltd, will join the board and executive management team of JLT Park. Mr. Scope wi

Chicago-based insurance broker Aon Corp. declared a quarterly cash dividend of 15 cents per common share on Friday. The cash dividend will be paid Aug. ...

Chicago-based insurance broker Aon Corp. declared a quarterly cash dividend of 15 cents per common share on Friday. The cash dividend will be paid Aug. ...

Mr. Glover said the move made public Thursday was "a very tough decision for us to make, but it is part of our decision to remain in this market." State Farm filed paperwork Thursday with the state Of

Of 20 insurers and reinsurers participating in the survey, the study found only monoline catastrophe writers Montepelier and IPCRe reported 2006 earnings that were lower than 2005 losses arising from

Dr. Rob Bonner, medical director for The Hartford, said the findings were especially surprising "given there have been several evidence-based treatment guidelines published over the past several years