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Morgan Stanley analyst William Wilt said the reinsurer beat his estimates by $1.18 per share. But he said investors may focus on the decrease in written premium of 3.6 percent as opposed to the flat n
In addition to an online education site, the NAIC's latest public service effort includes announcements in English and Spanish, and community outreach by public information officers of state insurance
Commercial lines, representing 45 percent of business, could be a drag as premiums declined 1.4 percent and profitability was lower than expected due to higher than expected catastrophe losses and low
Joe Case, a Nationwide spokesman, said in an e-mail that the group and all their clients "have settled all of the clients' claims against Nationwide relating to Hurricane Katrina. The terms of the se
Despite having two impressive, history-making candidates, are the Democrats on a collision course that will leave the Republicans in control of the White House come November? NU Editor In Chief Sam Fr
Is it better to have insurance regulated by those who come from--and are likely to return to--the industry, given the esoteric nature of the business? NU Editor In Chief Sam Friedman thinks not, but ser
New York Gov. Eliot Spitzer apparently knocked some heads together and finally convinced seven insurers to cough up $2 billion to settle all remaining property insurance claims over the 9/11 destructi
With more small employers dumping their health benefits in a desperate attempt to keep from sinking in this economic storm, property-casualty insurance agencies will be hard put to make up the lost
In the ongoing struggle to come up with new products to cover catastrophe losses, there is one new twist worth watching--a derivative product triggered not by actual losses, but by a force of nature,
Insurers have never been change-friendly, but to still see underwriters, brokers and claims adjusters hauling piles of paper around the market is just ridiculous, according to NU Editor In Chief Sam F
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