News

The report from Risk Management Solutions, based in Newark, Calif., asserts that New Orleans is sinking at geologically rapid rates. Along with the rise in the global sea level and the increase in Atl

A federal district court judge affirmed an earlier decision that a suit brought by Mississippi's attorney general against insurers for flood losses stemming from Hurricane Katrina should be heard in s

Mr. Hidalgo joined ACE in 2001 as country manager for Puerto Rico. Prior to joining ACE, he held senior positions at CIGNA in Puerto Rico, Spain, Portugal and Mexico. Before joining CIGNA, he worked f

Columbus, Ohio-based Assurex Global, an insurance brokerage partnership firm, and Washington, D.C.-based CIAB, a major broker association, found the captive in the mid-1980s during a period of liabili

The Hamilton, Bermuda-based CRM, a provider of products and services for the workers' compensation industry, said recently acquired Majestic writes workers' comp insurance in fifteen states and operat

The head of Maryland's Workers' Insurance Fund will receive two years salary and health benefits after he steps down from his post to face federal corruption charges stemming from his term as state se

Randy J. Maniloff, an attorney and partner in the law firm of White and Williams LLP, based in Philadelphia, said that while jurists may empathize with policyholders who lost their homes from the floo

The Houston-based conglomerate reported that for the nine months ending Sept. 30, the carrier reported net income of $261.5 million, or $2.24 a share, from $126 million, or $1.17 a share, in the compa