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Yesterday's announcement that XL Capital Ltd. would sever its financial commitments to Security Capital Assurance Ltd. (SCA) is not sitting well with rating agencies as the insurer also announced it w

Applying fire mitigation efforts similar to those undertaken in some San Diego County communities could help save homes in wildfire-prone areas, according to a new study by the Institute for Business

Net income for the Seattle-based insurer was $149.5 million (or $1.65 per diluted share), a decrease of 10 cents a share ($36.9 million) from last year's net for the period of $186.4 million ($1.75 pe

Despite the challenges from the soft market and increased catastrophe losses, Ramani Ayer, chairman and chief executive officer for the Hartford, Conn.-based insurer, called it a good quarter where th

Chicago-based insurance broker Hub International Limited named Donn Vucovich president of brokerage shared services. He will also join HUB's executive management team and executive committee.A ...

Rep. Paul Kanjorski, D-Pa., in a "Dear Colleague" letter also said the measure "does not change the regulation of insurance and does not take sides in the state-versus-federal regulation of insurance