Bear Stearns analyst David Small said the carrier missed the consensus estimate by six cents per share due to higher than anticipated catastrophe losses and a higher accident-year loss ratio for auto

Under an agreement announced today, the Armonk, N.Y.-based bond insurer will pay a $50 million penalty to the Securities and Exchange Commission, $10 million to investors and $15 million in penalties

Kansas City, Mo.-based insurance broker Lockton Companies, LLC and Los Angeles-based IBIS Advisors Co. said they have entered into a strategic consulting alliance to benefit Lockton clients internatio

A recent release by State Farm reported that claims involving damage from hurricane Katrina in three Mississippi coastal counties will be reviewed and reconsidered through a resolution process