Newsbriefs

STORMS RACK UP $1.2B IN CLAIMS

U.S. property/casualty insurers are expected to pay an estimated $1.2 billion for insured property-loss claims from winter storms and windstorms...

D&O LIABILITY COSTS UP AGAIN

Directors & Officers (D&O) liability insurance cost nearly 30 percent more in 2002, according to Tillinghast Towers Perrin’s 2002 Directors...

PRUDENTIAL TURNS FOCUS TO CAPTIVE AGENTS

Prudential Financial’s property/casualty subsidiary has terminated the contracts it had with 200 independent agencies across the country recently in a...

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