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Beazley Group plc, Lloyd's syndicates, said it has completed its acquisition of Momentum Underwriting Management Limited (MUM), which was first announced Sept 22. The transaction is worth up to $37.5

However, the reinsurer advised that its long-term financial strength remains "robust" despite the fall in profits and noted that Standard & Poor's had confirmed its "double-A-minus" rating wit

Specialty insurance carrier Markel Corp. reported third-quarter income dropped 254 percent on lower investment returns and claims losses related to this season's hurricanes, but the company remains st

During a call with financial analysts today, Brian Duperreault, president and chief executive officer of the New York-based services company, said, "I am very pleased with the amount of progress we ha

In the case--E.H. Webb Blessley and Donna L. Blessley v. Fire Insurance Exchange; Orange Restoration dba ServiceMaster AAA Restoration, heard in the Orange County Superior Court--plaintiffs H. Webb Bles

WASHINGTON--Democrats have emerged from the election not only with control of the White House, but with a workable majority in Congress as they prepare to deal with a faltering economy and several insu