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"These structural trends have primarily reduced the volume of reinsurance premiums on the market, made the reinsurance market more competitive, and favored those reinsurers paying most attention to th
Insurance brokerage Brown & Brown reported net income increased 5 percent in the 2006 fourth quarter, but profits were cut into by a settlement ending a contingency fee investigation, an executive sai
Under the current valuation system, companies value their liabilities according to 100 percent of their present value, which Mr. Olsen said makes for greater consistency and comparability of liabiliti
John Marshall, Gene LoVasco and John LoVasco, the current and founding shareholders, and their staff will continue to operate from their existing locations in Sterling Heights and Ann Arbor, Mich., un
Fourth-quarter gross premiums written were $147.5 million compared with $257.2 million for the same 2005 period, while net premiums earned told much the same story with $159 million in last year's fou
But another trade organization, the Independent Insurance Agents and Brokers of America, welcomed the legislation, saying it will ensure there is a strong debate in Congress over the most appropriate
The industry's groundhogs popped their heads out long enough to spot their own shadows this month and predict that the market will keep softening while profitability deteriorates not just in 2007,
Miller Heiman announced a strategic alliance with Sales Benchmark Index to provide a suite of sales data products and analytic solutions. Miller Heiman works in the sales strategy and process space
Changing corporate governance practices and excess capital in the insurance market that have softened rates for directors and officers liability insurance may now send them plunging, according to a
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