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William Stander, Tallahassee-based assistant vice president for the Property Casualty Insurers Association of America, said the measures are needed to promote market stability because "reinsurance pri
CNA Financial Inc. reported a 24 percent rise in net income for the first quarter of this year, compared with the same 2005 period.The Chicago-based ...
"The market is not putting any wind at our back, but our plan for total business process improvement is smart tacking in turbulent waters," said Paula Rosput Reynolds, Safeco president and chief execu
The latest shock for private energy corporations came yesterday with Bolivia's seizure of the country's energy fields, sending troops into the region and demanding Brazil's energy giant Petroleo Brasi
Bear Stearns analyst David Small said the gross written premium decline of 8.4 percent in the commercial lines segment indicated the company remained disciplined in a deteriorating pricing environment
Louisiana legislation that would block insurers from using consumer credit records to rate hurricane-impacted residents is set to move to the floor of the state House of Representatives after being ap
Reporting late last week, Hub said diluted net income remained flat at $16.9 million, with diluted net earnings per share down slightly from 47 cents a share to 46 cents. Revenues rose $14.9 million,
Net income for the quarter decreased $1.8 million, to $25.9 million, or 71 cents per share, compared with $27.7 million, or 76 cents per share, in the first quarter of 2005. Total revenues were $183.8
A medical malpractice insurer association said research reports by two consumer groups questioning the industry's explanation for price increases were flawed, according to followup studies funded by t
The state's Department of Financial Services filed papers in Leon County Circuit Court last week to put the Southern Family Insurance Co. under state management, an action approved by Judge Leon Silve
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