Bob Ricker, president of the Citizens Property Insurance Corporation, has announced he is leaving his post after overseeing the homeowners' market of last resort for the past three years. Ricker's
Good news in the insurance world is rare in the Sunshine State. Health-care costs are up, the auto personal injury protection debate continues, and then there is the ongoing drumbeat of bad news from
Willie Sutton famously said he robbed banks "because that's where the money is." Similarly, banks can make attractive accounts for agents and brokers, because that's where the premium is. But unlike Willie, producers have to earn what they get out of
The $7 billion reinsurance deal between Berkshire Hathaway and Equitas is terrific news not only for the Lloyd's market, but for the overall insurance community, says NU Editor In Chief Sam Friedman i
Mr. Cazar will report to Ed Clancy, president and chief operating officer of ACE Overseas General. Until then, the company said, Senior Vice President Justo Quintanar will continue to lead the busines
The $7 billion reinsurance deal between Berkshire Hathaway and Equitas is the best news for the Lloyd's market in quite some time. For while Lloyd's ...
XL Capital Ltd said yesterday that a program of executive training and development for insurance regulators and executives from mainland China is now in its final segment with sessions in Bermuda and
The Seattle-based property-casualty insurer's combined ratio was 88.7 compared to 97.5 in the same period last year. Pretax catastrophe losses came in at $22.5 million compared with $178.1 million in
The Seattle-based property-casualty insurer's combined ratio was 88.7 compared to 97.5 in the same period last year. Pretax catastrophe losses came in at $22.5 million compared with $178.1 million in
CNA Financial Corporation reported third-quarter net income of $311 million, compared with $6 million in the same year-ago span, as strong industry results followed a period of low insured losses from