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In a brief statement, AIG did not go into why it is terminating the relationship, but merely said that all business formerly underwritten by Starr Tech on its behalf will be managed by New York-based
Agency Specialty Product Network (ASPN), a subsidiary of Aon Corp., said it has joined with BISYS/Tri-City Brokerage and BISYS Commercial Insurance Services Inc. to provide independent agents and brok
Close to two years after New Jersey enacted a sweeping personal auto insurance reform program, an industry group said the state's market is showing signs of a healthy recovery, but additional measures
Like downgrades announced yesterday by A.M. Best (to "B-double-plus") and earlier this morning by Standard & Poor's (to "triple-B-plus"), the cut came in the wake of PXRE's announcement yesterday that
Mr. McCarty said the Office of Insurance Regulation originally disapproved the profit factor in the company's application for a rate increase. But that increase was then approved with the proviso that
While the stock of PXRE closed at a price of $11.89 prior to the announcement, within a half hour, it had lost 60 percent of its value in after hours trading, falling to $4.60. This morning, the stock
Mr. Smyth is a member of the Institute of Chartered Accountants of England and Wales. He previously was with General Electric Company, where for more than 13 years he served as vice president for secu
While the stock of PXRE closed at a price of $11.89 prior to the announcement, within a half hour, it had lost 60 percent of its value in after hours trading, falling to $4.60. This morning, the stock
Setser Insurance has, for more than 30 years, specialized in serving employee benefits needs of clients throughout the Ozark region. Bill Setser, president of Setser Insurance and his staff of eight,
SunGard announced the launch of iWORKS NAVIGATOR, a suite of solutions for life insurance and annuity sales and support. SunGard is a provider of financial and insurance software solutions for both
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