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Mr. James will oversee growth and development of AIM, which is a subsidiary of the Chicago-based Aon insurance brokerage. Aon said AIM has over 1,350 captives, 250 cells and a staff of 500, managing a
American International Group Inc. said one of its wholly owned subsidiaries has purchased the U.S. ocean marine business from Arch Insurance Company, a division of Bermuda-based Arch Capital Group, Lt
An estimated 4,000 low-income Florida homeowners will soon receive free home inspections and assistance to make improvements to strengthen their homes against hurricanes, said Tom Gallagher, the state
An estimated 4,000 low-income Florida homeowners will soon receive free home inspections and assistance to make improvements to strengthen their homes against hurricanes, said Tom Gallagher, the state
The acquired firm, Hub said, specializes in transportation-related coverage and represents over 40 U.S. insurance carriers that specialize in transportation risks. In addition to its core Salt Lake Ci
AMS Services, a software solutions company for the insurance industry, announced a strategic alliance agreement with ChoicePoint, a provider of insurance-related quoting and underwriting data. AMS
According to Insurance Services Office in Jersey City, N.J., and the Property Casualty Insurers Association of America (PCI), the industry posted net income of $28.3 billion compared with $31.2
Robert Hartwig, chief economist for the Insurance Information Institute, said that sluggish premium growth in the first six months of the year, as well as new capital accumulation, remain dangers for
AMS' acquisition from the Alpharetta, Ga.-based ChoicePoint is Priority Data Systems Inc. Priority, based in Omaha, Neb., is a provider of comparative rating solutions to the independent insurance age
"Our acquisition of this nonadmitted facility will enable Praetorian to react quickly to market conditions and provide our underwriting partners with additional flexibility," said Praetorian Chief Exe
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