News

Richmond, Va.-based insurance broker Hilb Rogal & Hobbs Company reported third-quarter net income more than tripled over the same period last year, but the performance did not meet the company's expec

For the third quarter, net income increased $7.9 million, from a loss of $741,000, or 2 cents a share in 2005, to $7.2 million, or 18 cents a share. Revenues grew 29 percent, or more than $28 million,

An attorney pursuing a federal wrongful death and personal injury suit against Siberian Airlines and Airbus Leasing II over a July crash in Russia that killed 129 persons said the airline had insuffic

The Insurance Services Office said Hawaii's recent earthquake does not qualify as an insurance catastrophe because few Hawaii homeowners have earthquake coverage and the number of commercial claims is

The St. Paul Travelers Companies today reported third-quarter net income of $1 billion, compared with $162 million for the same period last year, as this year's storm-free quarter continues to provide

For the third quarter, Willis reported that net income rose 97 percent, or $44 million, to $89 million, or 56 cents a share, from $45 million, or 28 cents a share in 2005. Revenues were up 11 percent,

Ohio authorities announced yesterday that Zurich American Insurance Company had agreed to pay the state $7 million in penalties and costs to settle various allegations including bid rigging with Marsh

Mitchell International announced the commercial release of Mitchell Dispatch yesterday, which it claims is the first fully Web-based resource planning and optimization system for the insurance claims