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Insurers report 12 percent gain on bottom line, even with an underwriting

Creation of the response center, Progressive said, enhances the abilities of its "inside operations" team (administrative representatives who handle the calls and process claims) and "outside operatio

Ellen Kiehl, assistant executive director of the Professional Insurance Agents of New York, said the MetLife move, coupled with a similar announcement by Allstate two months ago, could create capacity

Last year's surety business results are expected to be the best in five years, with a 32 percent loss ratio, some 39 points better than 2004, and the industry should remain profitable this year, accor

Donald Powell, federal coordinator for Gulf Coast rebuilding, said that homes and businesses in high damage areas would need one-to-three feet of elevation to meet federal standards and reduce flood r

He said the model changes to be released May 19 should also result in commercial vulnerability curves of about 30 percent and include loss amplification factors such as building supply demand surge an