News

Catlin Group Ltd. in Bermuda announced that losses from recent hurricanes will total $200 million, it has lost $118 million on fixed income investments, and its holdings in bankrupt Lehman Brothers to

An Oct. 13 NU Online report on an ACE Ltd. preliminary third quarter earnings announcement, that referred to a $1.5 billion loss, should have reported it as net realized and unrealized investment loss

The chief executive of Willis Group Holdings is applauding New York State Superintendent of Insurance Eric Dinallo for instituting a rule requiring insurers to have contract certainty in place within

American International Group said yesterday that it has replaced its chief financial officer, will cancel 160 conferences and events, and will seek to recover more than $40 million in payments to two

A spokesman from the catastrophe modeling firm AIR, a subsidiary of the Jersey City, N.J.-based Insurance Services Office Inc., said the research team "does not expect significant insured losses from

Florida Insurance Commissioner Kevin McCarty ordered a reduction of workers' compensation premiums yesterday of 18.6 percent, exceeding the rate reduction of 14.1 percent filed by the insurance indust