The Property Casualty Insurers Association of America filed suit today in the Seventh Judicial Circuit Court of Illinois, challenging the constitutionality of the transfer of money designated to fight

On Friday, the Chicago-based insurance broker said it is pricing the sale of its common stock at $26.25 per share. The firm said the net proceeds--after underwriters' discount and commissions, but befo

Coryn F. Thalmann, chief executive officer of Jimcor, said the division, named Jimcor Select Risk, will handle the large and more complex risks the firm continues to see, requiring exclusive brokerage

Coryn F. Thalmann, chief executive officer of Jimcor, said the division, named Jimcor Select Risk, will handle the large and more complex risks the firm continues to see, requiring exclusive brokerage

April 2006 rates were down 5 percent on a composite basis, compared with 6 percent in March. Richard Kerr, chairman of the Dallas-based insurance exchange, said pricing for energy and property risks

Anthony Avitabile will never hit a home run, strike out a batter or make a spectacular catch to win a game, yet he may be the MVP--most valuable person--in major league baseball today. The national

"This is the first catastrophe bond we have rated that covers Mexican earthquakes," said Standard & Poor's credit analyst Maren Josefs. "Cat bonds of this type are well-established risk management too

The company said it was not able to file its quarterly Form 10-Q for the first quarter because its Audit Committee of the board of directors could not complete a review of three finite risk contracts