News

Louisiana Insurance Commissioner Jim Donelon said that St. Paul Travelers Insurance Company has promised to cut back on the number of commercial customers it had planned to nonrenew in the aftermath o

Establishing a dedicated funding source for grants to homeowners to strengthen their homes against hurricanes is one of a number of recommendations from a Florida business panel seeking to restore a p

Hilb Rogal & Hobbs Company said it has acquired Portland, Ore.-based Nevin, Works & Associates Inc. (NWA) and its affiliate thinc. USA, LLC, a niche employee benefits consulting company. Transaction t

WASHINGTON--The Consumer Federation of America said it will release new data next week showing insurers overcharged and shifted costs to consumers to reach record profit and surplus levels in recent ye

Bermuda-based start-up reinsurer Aeolus Re has increased its capital base to over $1 billion through an investment led by Warburg Pincus and Merrill Lynch Global Private Equity, the carrier said today

Henry Price, a spokesperson for the Federal Aviation Administration, confirmed that late last month the Aviation War Risk Insurance Program was extended through Aug. 31. It had been due to expire Dec.