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When asked to consider the National Flood Insurance Program as an example, IRC said 59 percent of those surveyed indicated that it is unfair to use taxpayer dollars to subsidize the cost of insurance
"With this name change, Munich Re is making a powerful statement about its support for its U.S. operations and its commitment to the U.S. market," said John Phelan, chairman and chief executive office
Mr. Gallagher joined his father's insurance agency in 1947 after graduating from Cornell University, working alongside his brothers John and Jim. He was instrumental in building the Itasca,
Indeed, trade organizations and carriers continue choosing sides in what promises to be a fierce battle, with the Property Casualty Insurers Association of America announcing it was joining
Sam Sorich, president of the Association of California Insurance Companies, reacted today by saying that the industry plans to ask Gov. Arnold Schwarzenegger to veto the bill when it reaches his desk.
NCCI noted that the continuing decline in frequency--an ongoing trend for the past 15 years--was not a surprise to industry observers. "What may be surprising, though, is that the decline now seems to
NCCI noted that the continuing decline in frequency--an ongoing trend for the past 15 years--was not a surprise to industry observers. "What may be surprising, though, is that the decline now seems to
For the three months ending March 31, net income was up $302.6 million, going from a loss of $66.4 million, or 56 cents a share, to $236.2 million, or $1.98 a share. Revenues dropped less than 1 perce
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