Bermuda-based Aeolus Ltd. today announced its entry into the global reinsurance market with an initial capitalization of up to $500 million financed by a group led by Warburg Pincus and the company's
Claims News Service, July 26, 2:35 p.m. EDT -- The Insurance Accounting and Systems Association (IASA) will begin accepting presentations on Aug. 1, 2006 for consideration at its 2007 educational
The firm yesterday reported second quarter net income rose $7.4 million, from $37 million or 27 cents a share in 2005, to $44.4 million or 32 cents a share this year. Revenues increased 13 percent, or
The new member is Berkley Mid-Atlantic Group, a subsidiary of Greenwich, Conn.-based W.R. Berkley Company. The insurer provides specialized coverage to the mid-Atlantic states of Pennsylvania, Delawar
While studies abound on mobile phone use with drivers, no evidence currently exists that proves iPods, MP3 players, or other portable gadgets are dangerous to motorists. Yet that isn't stopping the
Automotive litigation service company Peter R. Thom and Associates has added low-exposure claim processing tools to its web site. The TechRef section was designed to answer questions about low
Claims News Service, July 26, 11:15 a.m. EDT -- The Independent Insurance Agents & Brokers of America (the Big "I") is teaming up with the New Orleans chapter of the nonprofit housing ministry Habitat
Property-casualty insurers are expected to pay homeowners, businesses, and auto owners around $3.7 billion in catastrophe claims for events that happened from April to June this year, said a recent
Claims News Service, July 25, 9:59 a.m. EDT -- Property-casualty insurers are expected to pay homeowners, businesses, and auto owners around $3.7 billion in catastrophe claims for events that happened
Customers seeking directors and officers liability insurance are seeing small but significant rate reductions in the current London market, according to a survey of underwriters by the insurance broke