Allstate Insurance Corp., reversing last year's loss for the period, reported a profitable third quarter with results driven by the lower than expected catastrophe losses and increases in its flagship
A federal appeals court has upheld separate jury verdicts that took differing views of whether the Sept. 11, 2001 terrorists' destruction of the World Trade Center involved single or multiple insuranc
Founded in 1972, Kibble & Prentice is a major insurance broker in the Pacific Northwest with over 200 employees. USI said it is expected to contribute approximately $37 million in revenue to the broke
StateBasedSystems.com simplifies the regulatory processes and reduces the workload for state insurance department staff, providing significant advantages to consumers, producers and insurers who do bu
Mr. McCarty said the primary reason the company cited for the increase was higher reinsurance costs for non-Florida Hurricane Catastrophe Fund reinsurance. He said the Florida Office of Insurance Reg
Using words such as "competitive" and "stable," executives from Marsh, the insurance brokerage arm of New York-based Marsh & McLennan Companies, discussed the status of the current market and offered
With temperatures above the freezing mark after the storm, flooding became a problem. In addition, claims have come in for spoiled food and businesses that have had to shut down due to loss of electri
With temperatures above the freezing mark after the storm, flooding became a problem. In addition, claims have come in for spoiled food and businesses that have had to shut down due to loss of electri
The parent company said XL Re Europe Ltd. has formed two new branches in the United Kingdom and France to facilitate the assumption of business previously underwritten by the U.K. branch of XL Re Ltd.
In September, after the National Risk Retention Association sent a letter to the department, the agency dropped a requirement that a policy should be issued by an insurer "with a valid certificate of