For the full year, the company reported net income of $87.4 million, compared with $88.2 million in 2004. The company said the decrease can partially be explained by net realized capital losses of $3.

In an interview during the World Insurance Forum in Bermuda, Chairman Peter Levene said if Lloyd's had to pay out the $5.25 billion cost of Hurricanes Katrina, Wilma and Rita five or six years ago, "t

After a tough year that saw adjustments in its business, including layoffs and the sale of unprofitable business, USI Holdings Corp. reported that 2005 fourth-quarter net income increased 144 percent

DataPath, Inc., a provider of software solutions for employee benefits, announced its payment processing system will work with Walgreens, the nation's largest drugstore chain, to substantiate

The American Customer Satisfaction Index rates Bloomington, Ill.-based State Farm the industry leader with a score of 79, despite the fact that represented a drop of three points from the previous

The California Attorney General's Office has given approval for backers to seek signatures to place three initiatives on the ballot that would allow workers to file lawsuits over injuries and increase

Minnesota Attorney General Mike Hatch is suing American International Group, claiming the company's recent agreement with New York authorities to settle accounting fraud charges fails to properly comp

CPCU Society said participating chapters choose a number of ways to mark the occasion, including conducting group discussions on ethics, hosting luncheons with local speakers, and offering educational