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Total non-farm payroll employment rose by 132,000 in November, and the unemployment rate was essentially unchanged at 4.5 percent. Job gains were noted as continuing in service-providing industries, i

The CSU Tropical Meteorology Project predicts seven hurricanes and 14 named storms next year. "The probability of U.S. major hurricane landfall is estimated to be about 125 percent of the 1950-2000 av

In a statement expressing its position, RIMS said, "Without the stability offered by a permanent long-term solution, our members are faced with an uncertain and costly marketplace that is not equipped

John Reynolds, vice president of new business for Waterloo, Ontario, Canada-based Intelligent Mechatronic Systems Inc. (IMS), said insurers who develop "Pay As You Drive Insurance" programs could plac

KBW is the most bullish on the commercial lines sector, with its greater potential for mergers and acquisitions activity and less catastrophe exposure. It remains cautious on the auto market and neutr

Hannover Re said it has established Hannover ReTakaful, B.S.C., in Manama, Bahrain, a wholly-owned subsidiary, for worldwide underwriting of retakaful reinsurance business written in conformity with I