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Formerly known as St. Paul Travelers, the carrier reported second-quarter net income of $1.2 billion, or $1.90 per basic share, compared with $970 million, or $1.40 per basic share for the same year-a

WASHINGTON--One of the five Federal Trade Commission members has filed a dissent from the agency's study of insurance industry credit scoring use, which concluded it is an "effective predictor" of risk

In spite of incurring $88 million in pre-tax catastrophe losses, Bermuda-based ACE Limited reported a 13 percent increase in second-quarter net income yesterday with a 21 percent jump in investment in

Increased central assets, declining calls on the central fund and the effective resolution of Equitas have all enhanced the minimum security offered by Lloyd's for all syndicates, the Moody's study sa

Yesterday, the Daytona Beach, Fla.-based insurance broker reported second-quarter net income grew $7.6 million to $52 million from the same period last year. Earnings per share increased 5 cents to 37

"Claims departments have been historically reluctant to adopt technology solutions, perceiving technology as incapable of duplicating the decisioning process of an experienced claims adjuster," said T