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The head of Maryland's Workers' Insurance Fund will receive two years salary and health benefits after he steps down from his post to face federal corruption charges stemming from his term as state se
Randy J. Maniloff, an attorney and partner in the law firm of White and Williams LLP, based in Philadelphia, said that while jurists may empathize with policyholders who lost their homes from the floo
The Houston-based conglomerate reported that for the nine months ending Sept. 30, the carrier reported net income of $261.5 million, or $2.24 a share, from $126 million, or $1.17 a share, in the compa
Driven by a sharp decline in catastrophe losses, the U.S. property-casualty industry posted a $24.4 billion net gain on underwriting through the first nine months of 2006. The figure stands in stark c
Montvale, N.J.-based wholesaler Jimcor Agencies said it has acquired Federico & Associates, based in Lansdown, Pa. Terms of the deal were not released.A regional wholesaler, ...
They say politics makes strange bedfellows, but now that Democrats are poised to take control of Congress next week, insurance lobbyists might actually find a more receptive crowd on at least one key
In a recent note to investors, Bear Stearns analyst David Small said the primary insurance market is more competitive than was previously estimated, especially in the areas of nonproperty catastrophe
In a recent note to investors, Bear Stearns analyst David Small said the primary insurance market is more competitive than was previously estimated, especially in the areas of nonproperty catastrophe
"The past four years have been marked by unrelenting regulatory scrutiny, unparalleled catastrophic losses and an incredibly vibrant hard market," said Pete Porrino, global director of insurance, Erns
The National Association of Insurance Commissioners has disbanded a working group on class action litigation, apparently satisfied that such suits against the insurance industry do not pose a serious
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