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Insurers are going to have a lot of explaining to do if another monster hurricane or terrorist attack doesn't come along to wipe out tens of billions of their premium dollars, leaving them with record
You could hear the industry's collective gasp when Florida regulators tapped J. Robert Hunter, insurance director of the Consumer Federation of America, to help calculate how much homeowners' insurers
The report, released by the London office of Chicago-based Aon insurance brokerage, surveyed 140 property-casualty insurers and 104 insurance buyers from a cross section of industries during July, 200
Representatives from both insurance brokerages in New York said they would not comment on the Sunday Times of London story that representatives from Willis were prepared to make a cash-and-shares offe
Indications so far are that damage has been relatively minor from the 6.6 magnitude earthquake that struck the big island of Hawaii yesterday, with the overall insured losses unknown, said a spokeswom
Part of the settlement will be paid by a $25 million directors and officers liability policy, noted BISYS--which advised that the company is in discussions with its insurance carriers to determine ho
A newly effective port security law could have far-reaching effects on inland marine transport, possibly delaying shipments, according to the Inland Marine Underwriting Association's president and chi
AXA and Alpha Bank, Greece's second largest bank, said they have signed a long-term exclusive agreement to pursue and strengthen the existing relationship that would allow AXA to continue selling insu
Board spokesman Jack Nicholson said the agency expects to execute a note this week and distribute $25 million to Universal Property and Casualty Insurance Company. The firm is a subsidiary of Universa
The board of UnitedHealth Group Inc., Minnetonka, Minn., has responded to the report by announcing that Dr. William McGuire, an executive who in just 15 years built the company into one of the United
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