News

Jacobs Financial Group Inc. (JFG) said it has acquired all of the issued and outstanding stock for West Virginia Fire and Casualty Company (WVFCC) from The Celina Mutual Insurance Company of Celina, O

The National Association of Insurance Commissioners, Kansas City, Mo., released salaries for its top five highest paid executives in 2005.They are as follows:o Catherine J. ...

Bear Stearns senior P-C analyst David Small, in a note to investors, asserted that the rate adequacy in most lines, as indicated by the 5.2 percent increase in surplus, will make commercial buyers war

The new board of JLT Re consists of Alan Griffin as chairman and chief executive, Keith Fenwick as chief operating officer, Andrew Love as finance director, and Alistair Lockhart-Smith and Paul Jack a

"It will enable the market to provide a more efficient service by eliminating the need for brokers to provide claims information to a number of different underwriters individually," said an IUA spokes

Montpelier Re Holdings in Hamilton, Bermuda, said it is investing $133 million in a new Bermuda reinsurer, Blue Ocean Reinsurance Ltd, which will offer retrocessional protection in the property catast