"By addressing these components of severity, insurers can target their efforts toward improving overall cost trends in workers' compensation," he said. "This can help them avoid the potential soft mar
Mr. Glover said the move made public Thursday was "a very tough decision for us to make, but it is part of our decision to remain in this market." State Farm filed paperwork Thursday with the state Of
Commercial property-casualty prices continue to decline, falling an average of 14 percent in June, compared to 13 percent the month before, according to the latest Market Barometer put out by
Fitch Ratings said today that a survey has found that as credit derivatives market expansion continues at a remarkable pace, concern is growing about how the sector will deal with an eventual downturn
Fitch Ratings said today that a survey has found that as credit derivatives market expansion continues at a remarkable pace, concern is growing about how the sector will deal with an eventual downturn
Bear Stearns property-casualty analyst David Small said the primary reason for the earnings shortfall was the greater than expected catastrophe losses and unfavorable development from the 2004-2005 st
The action came at the State Board of Administration meeting yesterday in Tallahassee in an effort to give the fund enough cash on hand to pay claims for six months while it arranges longer-term finan
The action came at the State Board of Administration meeting yesterday in Tallahassee in an effort to give the fund enough cash on hand to pay claims for six months while it arranges longer-term finan
Three former Marsh & McLennan Companies executives involved in the startup of a London-based unit for Integro Ltd. brokerage cannot be sued in the United States, according to a U.K. Court of Appeal de
Buyers of commercial auto and trucking coverage have reason to celebrate, as a line that usually is one of the last to soften is now a "buyers' market," according to those placing coverage for this