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Mr. Wilt found that of the seven companies reporting this week, five reported higher buybacks than previously planned. "We take this as a sign of slowing growth prospects, but the alternative of hoard

Rating agencies set a negative outlook while leaving Marsh & McLennan's credit rating unchanged after news of its $3.9 billion sale of Putnam to Great-West Lifeco Inc. of Canada, but still questioned

Net income increased to $1.19 billion from $179 million for the period a year earlier when the company was hurt by record catastrophe losses and charges to expand reserves for asbestos and environment

Richmond, Va.-based insurance broker Hilb Rogal & Hobbs Company said it has acquired Investigative Solutions Inc. (ISI), an Atlanta-based provider of high-level risk management consulting and investig

A federal judge who ruled that a jury could impose punitive damages on State Farm for its mishandling of a Hurricane Katrina claim, has decided that the $2.5 million award should be reduced to $1 mill

WASHINGTON--Reacting to news that the oversight panel of the House Financial Services Committee plans a Feb. 28 hearing to probe insurance industry handling of Hurricane Katrina claims, one industry gr