News

WASHINGTON--Members of the House Financial Services Subcommittee on Oversight and Investigations will hold a hearing Monday in Florida to examine the impact of the homeowners' insurance "crisis" in are

The Chicago-based insurance brokerage firm defied the general trend among public brokers so far this reporting period and reported increased organic growth of two percent in its brokerage unit for the

Net written premium for the quarter totaled $5.579 billion, an increase of $764 million over 2006. This growth was driven by Liberty Mutual's acquisition of Ohio Casualty and growth in international o

A Feb. 6 report on XL fourth quarter results incorrectly described the ownership relationship between XL and Security Capital Assurance. XL owned SCE until its ...

Under the January 2007 agreement, State Farm agreed to reopen 30,000 hurricane claims from 2005 and pay out a minimum of $50 million to settle the claims. In return, Attorney General Hood agreed to dr

The Wheaton, Ill.-based American Association of Insurance Services explained that in September it plans on expanding the number of classifications it provides under its "simplified" fire protection cl