A rapid 25 percent cash buildup for the Florida Hurricane Catastrophe Fund and the establishment of a hurricane mitigation endowment...
P&C Companies News
Challenged with pressure to lower rates and reinvigorate the property insurance market, Florida lawmakers hammered out compromise legislation in the...
The issue of asbestos claims is still a complex legal and emotional one that continues to be grappled with in...
The Roman Catholic Diocese of Spokane recently reached settlements totaling $4.25 million with two of its insurance carriers in a...
L.A.-based Mercury General Corporation reported slightly lower net income for the first quarter of 2006 – $58.6 million, or $1.07...
U.S. property/casualty insurers are expected to pay an estimated $1.38 billion to homeowners and businesses in insured property losses from...
U.S. property/casualty insurers managed to increase earnings and add to their capital base in 2005 despite record catastrophe losses, according...
Stock Prices: Shares of commercial lines insurers were down 2 percent in the first quarter of 2006, with the exception...
Maine Gov. John Baldacci signed into law legislation that promises to curtail the number of uninsured motorist claims. The new...
Berkshire Hathaway Inc., billionaire Warren Buffett’s investment vehicle, reported a 70 percent jump in first-quarter earnings on strong performance from...