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Lloyd's announced it will open a representative office in Russia next year.

Employees of Farmers Insurance have relocated to their new 175,000 foot facility in Oklahoma City.

Zurich Financial Services Group said it earned $751 million during the third quarter as results were affected by a legal settlement involving its Farmers Group subsidiary.

Net written premiums for The Hanover Insurance Group were up 17 percent during the 2010 third quarter compared with the prior year period due to its implementation of a deal announced late last year with OneBeacon Insurance Group.

With its third-quarter net income result doubling over last year, and its capital position improving, Swiss Re said it has reached agreement to repay Berkshire Hathaway, which injected $2.6 billion into the Zurich-based reinsurer last year.

The Travelers Companies will acquire 43 percent of the common stock of Brazilian surety insurance provider J. Malucelli Parcipacoes em Seguros e Resseguros S.A. for approximately $370 million, the company announced.

The chances that the National Flood Insurance Program will be reauthorized for a long period by the next Congress have risen considerably through the Republican takeover of the House, according to industry officials and outside analysts.

Any research at all about the success of an enterprise risk management program, or any risk management program for that matter, points to the CEO’s ...