News

For the year, the New York-based bond insurer reported a $5.6 billion net loss compared to a $3.2 billion loss in 2007. The company cited the housing market and economy in general as the reason for

The New York Inspector General is investigating a whistleblower's allegations of widespread management misconduct at the state-run workers' compensation carrier, including questionable spending for

The top 100 property-casualty insurers' financial results reveals the lowest net income levels in seven years, and a 67.7 percent drop from 2007, according to the first compilation of the

Key executives at Aon and Marsh brokerages said that a key ingredient in putting their firms on a path to profitability has been a trimming and remolding of their sales forces to make them more

Charlotte, N.C.-based wholesale broker AmWINS Group, Inc. said it has acquired three medical stop loss wholesalers that creates what the broker says is the nation's largest wholesale brokerage for

In addition to being the CEO of Bermuda, Mr. Blaser will continue to serve in his capacity as chief operating officer and CFO of Ironshore's Global Operations. The CEO position is new to the company,