Pitney Bowes Inc. announced it has entered into a merger agreement to acquire MapInfo Corporation for approximately $408 million in cash, net of expected cash on MapInfo's balance sheet at the time

He noted that finding domestic carriers to "front" for captives has been less of a concern in the past few years because the market for fronting services "seems to have stabilized." The survey also

"Barring a catastrophic wind season or other natural catastrophe, 2007 will be a tough year [for insurers], with rate decreases continuing throughout the year," said Richard Kerr, chairman and chief

The effort to repeal the insurance industry's federal antitrust exemption under the McCarran-Ferguson Act in this congressional session remains "an answer in search of a problem," according to a

There needs to be more meat put on the bones of a skeletal proposal to reform alien collateral reinsurance requirements by applying them on a basis that does not take into account the country of

The National Conference of Insurance Legislators has put off a vote on an explosive resolution accusing state attorneys general of evading the legislative process by negotiating settlements banning

Should the combined ratio hold up at this initial level once all results are tallied, it would mean almost no deterioration in underwriting results occurred during the fourth quarter. It would also

In his first public address to a U.S. audience, Lloyd's Chief Executive Officer Richard Ward guaranteed a transformation in the world's oldest insurance market by year's end--promising greater