HCC Insurance Holdings Inc. is defending three lawsuits, one a class action, in connection with its admission that executives in the company engaged in backdating stock options that led to restatement

Mr. Cheldin replaces GEICO counsel Cinda Smith, who was praised by the ACIC members for her hard work and dedication as chairwoman during the last two years. Traditionally, ACIC chairs serve two one-y

Mr. Cheldin replaces GEICO counsel Cinda Smith, who was praised by the ACIC members for her hard work and dedication as chairwoman during the last two years. Traditionally, ACIC chairs serve two one-y

Stephan Christiansen, director of research at Conning Research & Consulting, said the huge increase in losses during the 2001-2003 period were due not just to claims reported but also to claims develo

Ms. Wijnberg was CFO from 2000 to 2006 at the New York-based professional services firm MMC where Mr. Greenberg served as chief executive officer until his ouster in 2004 after a probe of brokerage bi

Insurance broker Brown & Brown Inc., based in Daytona Beach, Fla., said it plans to acquire the insurance brokerage firm Grinspec Inc. of New Providence and Moorestown, N.J. Transaction terms were not

The London-based company said it intends to apply the net proceeds of the offering for general corporate purposes including repayment of outstanding borrowings under its revolving credit facility and

The Willis Environmental Index, released by London-headquartered insurance brokerage firm Willis Group Holdings, said total premium placed in the London and European environmental insurance market is