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Under the terms of the arrangement, the broker said the repurchased shares are subject to a price adjustment based on the volume weighted average market price of Willis' common shares during the term

"I think we've got a lot of people crying wolf right now," he added, directing his comments toward V.J. Dowling, managing partner of Dowling & Partners Securities based in Hartford, Conn., who partici

"Our political system goes through these seismic shifts very seldom," Mr. Racicot said at the event sponsored by Ernst and Young and National Underwriter. He noted the gains made by the Democrats were

Under its license, Liberty Mutual said it will operate a general insurance company, Liberty Insurance, providing home, auto, travel and health insurance to individuals and property, liability, marine

A general session will discuss the equipment theft problem, recovery challenges and solutions. Break-out classes will provide law enforcement with instruction in equipment identification techniques, i

A.M. Best Co. said the $46.3 acquisition of Embarcadero Insurance Holdings Inc. by CRM Holdings Ltd. has resulted in an upgrade for Embarcadero's subsidiary, the workers' compensation insurer Majestic

Never let the facts get in the way of a good speech is apparently the notion of Willis brokerage chief executive Joseph J. Plumeri, who has been giving talks citing a bogus letter purportedly written

Richard J. Decker, president of AIG Global Marine, was elected chairman of the American Institute of Marine Underwriters (AIMU) at its annual meeting in New York. He becomes the 48th chairman since AI