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Aon Corp. insurance brokerage said in a Securities and Exchange Commission filing yesterday that it will restate earnings for the past four years after an internal review of stock options found that t
The industry took some devastating blows during a Congressional hearing this week on insurer handling of Hurricane Katrina claims. NU Editor In Chief Sam Friedman, on Capitol Hill to witness the beati
Speaking during an analyst's conference call today, Robert S. Schneider, USI's executive vice president and CFO, said the Briarcliff Manor, N.Y.-based insurance broker's net income was affected by cos
Urich, Switzerland-based insurer Swiss Re has reported that 2006 net income increased 98 percent to 4.6 billion Swiss francs ($3.8 billion), and the company plans a stock repurchase of 6 billion Swiss
Whitehill Technologies has announced the release of IStream Publisher 4.1, a new product release designed to help insurers write new business more quickly. "Speed is a critical factor for today's
The current exemption, Advisen noted, is a narrow and limited one attached to activities that are regulated by a state such as joint development of insurance forms and the sharing of loss data for
Behind Citibank on the list was BB&T (Branch Banking and Trust Company) with $799.4 million in insurance revenue. FIA Card Services was third, but saw its revenues drop 26 percent, or $66 million, to
NU Tech Guru Ara Trembly opines that anyone who's paying attention can see that Microsoft's new Vista operating system isn't exactly jumping off the shelves to consumers, so it seems even more puzzlin
Under the legislation, passed during the recent Special Session of the Florida Legislature, the Office of Insurance Regulation is required to calculate the Presumed Factors which establish how much
An insurance brokers' group representative told a U.S. Senate panel yesterday that its members believe continuing the legislation providing a federal backstop for insurers' terrorism catastrophe losse
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