Speaking during Marsh's Webcast today, "Property-Casualty Insurance--Market Update--Third Quarter 2006," Jill Dalton, managing director in Marsh's North America property practice, called today's commerc
The figures for 2004 (the most recent year for which data is available) continued a trend that began after 2000, when workers' comp insurance costs and benefits relative to wages were at their lowest
Bermuda-based Aeolus Ltd. today announced its entry into the global reinsurance market with an initial capitalization of up to $500 million financed by a group led by Warburg Pincus and the company's
Chicago-based Stars said in a statement that the computer containing the names, addresses, telephone and Social Security numbers of individuals receiving workers' compensation benefits, managed throug
The firm yesterday reported second quarter net income rose $7.4 million, from $37 million or 27 cents a share in 2005, to $44.4 million or 32 cents a share this year. Revenues increased 13 percent, or
The new member is Berkley Mid-Atlantic Group, a subsidiary of Greenwich, Conn.-based W.R. Berkley Company. The insurer provides specialized coverage to the mid-Atlantic states of Pennsylvania, Delawar
"Each of our three major business units contributed substantially to earnings, and the specialty business reached a milestone in its recovery by achieving a combined ratio below 90," said John D. Finn
"Each of our three major business units contributed substantially to earnings, and the specialty business reached a milestone in its recovery by achieving a combined ratio below 90," said John D. Finn
"ACE has recently benefited from favorable loss cost trends in liability lines, but we do not anticipate these trends will last and anticipate that lower pricing, as it has historically done, will lea
Arthur J. Gallagher insurance brokerage reported second quarter net income is down 29 percent from the period last year--driven down by the firm's agreement to give up its controversial contingent comm