News

The Louisiana Supreme Court handed the insurance industry a major victory last week with a ruling that there is nothing vague about a policy excluding "flood" damage--a decision that the defendant's

A softening market and slippage in underwriting results prompted a 36.2 percent decline in property-casualty insurer 2007 fourth-quarter after-tax consolidated net income to $12.5 billion, as well as

CCC Information Services Inc., Chicago, and Mitchell International, Inc., San Diego, announced the signing of an agreement under which they will combine in a merger-of-equals transaction valued at

Advocates of continuing state regulation for the insurance industry have a strong ally in one of Maine's U.S. senators, who told an agent group here she opposes an optional federal charter for

Overall growth and profitability in the property-casualty insurance industry may suffer due to the combined effects of a soft market, the credit crunch and an economic downturn, a leading consultant

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