For the quarter, net income was slightly down by $300,000, from $50.5 million in the comparable period last year to $50.2 million. The slight loss translated into a one cent drop in earnings per share
The owner of a firm using predictive modeling to locate baseball talent told a recent meeting of insurance actuaries that a key challenge they face is getting their management to invest in and support
If the use of consumer credit records for underwriting is banned, insurers will need to develop new evaluation techniques to help them assess risks, actuaries were told at a recent industry conference
Aon said the transaction in addition to the $85 million for the group also involves the transfer of approximately $300 million of unearned premium and claim reserves currently on the books of Virginia
The W.R. Berkley Corporation reported third-quarter net income rose 42 percent, driven by a sharp rise in net investment income and a combined ratio of ...
In a statement yesterday after the close of trading, the Briarcliff Manor, N.Y.-based broker said it has formed a special committee to examine a proposal from a private equity firm to purchase all of
In a statement yesterday after the close of trading, the Briarcliff Manor, N.Y.-based broker said it has formed a special committee to examine a proposal from a private equity firm to purchase all of
Florida Peninsula filed a rate increase with the Office of Insurance Regulation in April to increase its rates by a statewide average of 91 percent and began imposing the rates prior to obtaining Offi
Moody's Investors Service in New York affirmed the Aa3 financial strength ratings of operating subsidiaries of PartnerRe Ltd. this morning, pushing the outlook to stable from negative, after the Bermu
With no major catastrophe events hurting results this year, Bermuda-based Everest Re reported third-quarter net income of $245.7 million, reversing 2005's loss for the period, and nine-month results i