Beazley said it was acquiring the unit for a total of $35.4 million in cash. The transaction does not include First State's specialty and health care programs. Those programs will remain with
Since AIG nearly drove off the proverbial cliff despite having an enterprise risk management oversight structure in place, does that mean ERM should be dismissed as hopelessly utopian, or that better
Workers' compensation systems pay higher prices to treat worker injuries than group health plans for the same ailments, according to a new study of comp fee schedules by the National Council on
Gallagher said Fidelity Benefits & Insurance Services (FBIS) is an employee benefits consultant and insurance broker offering employee benefits insurance and consulting services to Texas clients.
The Connecticut Insurance Department has approved The Hartford Financial Services Group's request for relief from two capital requirements, which the company said has resulted in a $987 million
Renaissance Re Holdings Ltd. reported a 2008 fourth quarter net loss of $55.2 million, or 91 cents per diluted common share, compared to 2007 fourth quarter net income of $62.2 million, or 88 cents
"Creating an optional federal charter for insurance would lead to dual regulation for the property-casualty insurance industry," Jimi Grande, vice president, federal and political Affairs for the
WASHINGTON--U.S. Representatives preparing legislation to create a federal insurance regulator have disclosed that the measure will call for supervision of nationally registered insurers, agencies,
SFO said it is also working on the probe with the UK-based financial services regulator, the Financial Services Authority. SFO noted that its inquiry does not concern the insurance operations of AIG
Willis Group Holdings management reported fourth quarter net income dropped 35 percent as a strong U.S. dollar and costs for its integration of Hilb, Rogal & Hobbs bit into what it said was otherwise