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At a board of governors meeting Thursday, Sharon Binnun, Citizens' chief financial officer, said the company has about $500 million in troubled securities currently, with their current market value to

Calling the quarter "a challenging period for our industry," Montpelier Re President and Chief Executive Officer Chris Harris cited major storms and investment market volatility as contributing to the

State regulators are researching the idea of creating a Nationally Recognized Statistical Rating Organization, said Roger Sevigny, New Hampshire insurance commissioner and president-elect of the Kansa

The revised loss estimate is based on "a new post-event modeling methodology that captures the uncertainty in Ike's wind and storm surge footprint, due to the lack of observations, using an ensemble o

The revised loss estimate is based on "a new post-event modeling methodology that captures the uncertainty in Ike's wind and storm surge footprint, due to the lack of observations, using an ensemble o

The Chubb Corp. reported that its third-quarter net income dropped 64 percent, primarily from catastrophe losses related to Hurricane Ike, but its combined ratio managed to come in below 100 despite t