Once Again, Flood Insurance Program to Expire Unless Congress Acts May 3, 2012 By Ben Berkowitz Federal officials are putting fresh pressure on Congress to take action on the National Flood Insurance Program, whose authorization expires...
Arthur J. Gallagher Profit Up 85% in Q1 May 2, 2012 Global insurance broker and risk management firm Arthur J. Gallagher & Co. boosted its profit 85 percent in the first...
Assurant Launches Solar Project Insurance May 2, 2012 Assurant Inc. has unveiled an insurance product for commercial solar project developments designed specifically for the 100 kilowatts to three...
Hanover Insurance Group Q1 Profit Up 70% to $49.7M May 2, 2012 The Hanover Insurance Group reported $49.7 million net income for its 2012 first quarter, up 70 percent from $29.3 million...
Survey: Agencies Seek Carrier Help to Expand into New Niches May 2, 2012 The challenges of today’s economy appear to be driving some independent agents into new niche insurance markets and product lines....
Marsh & McLennan Posts $347M Q1 Income, Up 6.8% From Last Year May 2, 2012 Marsh & McLennan Cos. Inc. reported $347 million net income for its 2012 first quarter, up 6.8 percent from $325...
Regulators Urged to Monitor Safety Throughout Drug’s Lifecycle May 2, 2012 By Anna Yukhananov The U.S. Food and Drug Administration should review drugs on a regular basis for as long as they are on...
U.S. Opposes Delay in BP Oil Spill Trial May 2, 2012 By Jonathan Stempel The U.S. government said a trial to assign blame and damages among BP Plc and others over the 2010 Gulf...
Insurance Analysts to Question Buffett at Berkshire’s Annual ‘Woodstock’ May 2, 2012 By Ben Berkowitz Warren Buffett is not one to talk much about his personal life in public, but his prostate cancer may dominate...
Lexington Launches Technology Contract Risk Policy May 2, 2012 Lexington Insurance Co. has introduced a technology contract risk policy called Parity.Parity protects organizations from potential losses and expenses resulting...