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Lockton says it has acquired the minority stake in its operations outside the United States held by Trident III, L.P., an investment fund managed by Stone Point Capital LLC

Declaring that a turn to a hard-market cycle is more visible, the chief executive of W.R. Berkley Corp. said hes willing to bet there are carriers that are in for major trouble because they are being stupid and not increasing rates fast enough.

Declaring that a turn to a hard market cycle is more visible, the chief executive of W.R. Berkley Corp. says a company somewhere is in for major trouble because they are stupid not to increase rates.

UPDATED! PC360 decided to take a look at the oldest insurers in the United Statesa journey that has led to some interesting findings about the birth of insurance in this country.

Allstate Corp. saw its fourth-quarter net income jump 145 percent, while W.R. Berkley, ACE Limited, CNA and Validus reported Q4 net-income decreases along with global reinsurer Munich Re.

Greenwich, Conn.-based insurer W.R. Berkley says 2011 fourth-quarter net income was down 7 percent, but its chief executive says rate increases are taking hold and 2012 should be a better year.

Insurance holding company W. R. Berkley Corp. said today that its fiscal third-quarter results will include an estimated $50 million to $60 million in catastrophe losses.

5 Star Specialty Programs, a division of Crump InsuranceInsurer(s): Canal, Zurich, Lloyds, Great American, Chartis.Coverages available: Auto (truck) liability,…