News

"General and excess liability rates decreased an additional 3 percent in November to minus-18 percent," pointed out Richard Kerr, founder and chief executive officer of MarketScout. "We believe the li

The London-based BMS reinsurance brokerage announced today that it has hired away a nine-member property-casualty brokerage team from Cooper Gay Intermediaries to conduct operations from a base in Min

Siesko Partners, LLC, a New York City-based corporate insurance and risk services firm, and Cybersettle Inc., the online dispute resolution company in White Plains, N.Y., announced a strategic partner

Net premiums written by 21 U.S. property-casualty reinsurers declined by 8.7 percent during the nine months ended Sept. 30, compared with the same period last year, a reinsurance trade group announced

Wells Fargo Insurance Services Inc. said it has acquired Rogers & Belding Insurance Agency Inc., a single-office agency in El Paso, Texas, and its subsidiaries. Terms of the transaction were not relea

Standard & Poor's Ratings Services lowered two ratings on New York-based Marsh & McLennan Companies, saying the company's insurance brokerage subsidiary Marsh has to improve earnings before the rating