Amid Fresh Terror Warnings, Insurers Eye Long-Term RisksAs the United States gets ready for the second anniversary of Sept. 11 events, there is a heightening ...
Comp Injury, Death Rates Still Fall; Is Underreporting Or Safety Behind Stats?Work-related injury and death rate statistics are continuing the steady fall that has been ...
G.E. Bond Insurance Biz Sold For $2.2BGeneral Electric, continuing to streamline its insurance business, has arranged to sell its bond insurance unit to a consortium ...
Costs Outpaced 01 Wages Workers compensation costs for employers grew at a faster pace than wages in 2001, mostly because the economic downturn discouraged rapid ...
State Farm Case Could Have Wider ImpactAn ongoing class-action lawsuit against State Farm Insurance Companies--with plaintiffs seeking to force the insurer to give out billions ...
Kingsway Financial Sues PwC, Actuaries; Irregular Accounting For Acquisition Alleged A new legal battle involving an insurance carrier and the world's largest accounting firm is ...
Allstate Quarterly Profit Up 71 Percent July 17--The Allstate Corporation, Northbrook, Ill., said rate increases brought its second-quarter net income up 71 percent over last ...
Casualty Rates Still Climbing: ACE CEOBermuda-based insurer ACE Ltd. posted $371 million for its second-quarter profit--more than tripling the net income of $104 million posted ...
Progressive Profit Up, Helped By RatesJuly 17-- The Progressive Corporation reported second-quarter net income of $286.3 million--a 78 percent increase from the $160.4 million profit ...
A.M. Best Updates Debt Rating MethodologyA.M. Best, the oldest insurance ratings agency in the country, is trying something new with its revised debt rating methodology.Released ...