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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

Carriers stand by their record of paying most claims under difficult

Broker pleads guilty after faking coverage for captive and self-insured

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