News

Five executives from the insurance brokerage subsidiaries of New York-based services firm Marsh & McLennan Companies and the president of the Insurance Information Institute discussed the state of

The firm said it puts a rate of 0.65 for hurricane activity in the Gulf--a figure representing the mean number of landfalling tropical cyclones in that region for the forthcoming 2009 hurricane

W. Russ Smith, Arbitration Forums president and chief executive officer, said the firm, which describes itself as the nation's largest provider of interinsurance dispute resolution services, handled

American International Group Inc. (AIG) announced that Monika M. Machon will replace Win J. Neuger as AIG's investment chief. Mr. Neuger plans to go with the company's external client asset

New York-based Navigators Group said the specialty insurer has made a decision to move all its energy business to London as a means of controlling the risk associated with the volatile weather

Progressive said it took the write-downs on securities "determined to have had other-than-temporary declines in market value. The company said 85 percent of the write-downs were on securities held in