The two leading insurance brokers were among nine other property and casualty insurance entities that achieved a perfect score in the latest survey measuring corporate equality toward lesbian, gay, bisexual and transgender employees.
The two leading insurance brokers were among nine other property and casualty insurance entities that achieved a perfect score in the latest survey measuring corporate equality toward lesbian, gay, bisexual and transgender employees.
Bermuda-based reinsurer Montpelier Re Holdings Ltd. reported net income dropped 60 percent in the fourth quarter of 2010 due to a combination of catastrophe losses and declines in investment returns.
Bermuda-based reinsurer Montpelier Re Holdings Ltd. reported net income dropped 60 percent in the fourth quarter of 2010 due to a combination of catastrophe losses and declines in investment returns.
While the entire year’s results are not in yet, the insurance industry should show significant financial gains for 2010 and its performance will be the best it has experienced since the beginning of the financial crisis.
The airline insurance market is in line for another $2 billion-plus in claims in 2010, the third time in four years, according to an insurance broker’s report.
The New York attorney general has withdrawn charges against two Marsh executives who recently won an appeal of their conviction on felony monopoly charges for accepting contingent commission kickbacks.
The losses from the Deepwater Horizon Drilling Platform explosion are not expected to significantly impact the insurance marketplace or buying behaviors, a brokerage executive said.
The firm owning the drilling rig that sank in the Gulf of Mexico could be liable for millions of dollars depending on its leasing agreement with BP, a lawyer familiar with oil and gas litigation said.