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Ms. Cross is replacing James McNichols, who XL Capital said will leave the company at the end of April to pursue other interests. The promotion is also subject to Ms. Cross being approved by Bermuda's
The increase in fourth-quarter net income was $5.5 million rising from $30.3 million, or 22 cents a share in the 2004 period, to $35.7 million, or 25 cents a share. Revenues increased 21 percent, or $
The 70-27 vote added to growing concern within insurance industry trade groups and insurers lobbying against the measure that the bill, S. 852, has momentum and will likely pass the Senate, probably s
The National Association of Mutual Insurance Companies today announced opposition to the proposed regulations, which would effectively limit the weight given to the location where a car is garaged whe
The National Association of Mutual Insurance Companies today announced opposition to the proposed regulations, which would effectively limit the weight given to the location where a car is garaged whe
USI Holdings Corp. said it has acquired Walpole, Mass.-based Mahoney & Associates Insurance Brokers Inc.Terms of the deal were not released.The Briarcliff Manor, N.Y.-based broker ...
The proposed National Association of Insurance Commissioners mega-catastrophe plan centering on an "all-perils" policy will "exacerbate the problems it seeks to correct," according to a property-casua
"A handful of larger personal lines market leaders, and a few outperforming specialist players, will soon be able to set and maintain aggressive pricing levels that will be untenable for many lagging
The fund has collected over $400,000 from more than 470 contributors, IIABA said. The grants are aimed at helping many individuals and businesses within the insurance community devastated by Hurricane
Edmond, Deaton & Stephens was formed in 1992. The agency focuses primarily on commercial, industrial, manufacturing and contractors' products, including builders' risk insurance. Personal lines insura
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