News

Lloyd's announced it will open a representative office in Russia next year.

Zurich Financial Services Group said it earned $751 million during the third quarter as results were affected by a legal settlement involving its Farmers Group subsidiary.

Net written premiums for The Hanover Insurance Group were up 17 percent during the 2010 third quarter compared with the prior year period due to its implementation of a deal announced late last year with OneBeacon Insurance Group.

The Travelers Companies will acquire 43 percent of the common stock of Brazilian surety insurance provider J. Malucelli Parcipacoes em Seguros e Resseguros S.A. for approximately $370 million, the company announced.

The chances that the National Flood Insurance Program will be reauthorized for a long period by the next Congress have risen considerably through the Republican takeover of the House, according to industry officials and outside analysts.

There is a potted plant somewhere in your office, or maybe in the lobby of your building.