State Insurance Commissioner Kevin McCarthy has asked property insurance companies to delay filing for rate increases until after the upcoming...
Hurricanes News
Officials with Citizens Property Insurance Corporation today announced that the state’s insurer of last resort has closed 90 percent of...
Bermuda-based XL Capital Ltd. reported net income available to ordinary shareholders for the quarter ended Dec. 31, 2004 of $288.0...
American International Group’s reported fourth quarter earnings exceeded Wall Street expectations and its 2004 profits set a record for the...
U.S. property/casualty insurers paid a record $27.3 billion for insured property losses to homeowners and businesses from 22 catastrophic events...
Bermuda-based AXIS Capital Holdings Ltd. has reported net income for the year ended Dec. 31, 2004 of $495.0 million, or...
The commercial insurance industry experienced a full year of a soft market conditions in 2004, as the last months of...
Zurich Financial Services Group (Zurich) expects claims related to the tsunami that struck South Asia on Dec. 26, 2004 to...
Los Angeles-based Mercury General Corporation reported net income of $74.1 million ($1.36 per share- diluted), in the fourth quarter 2004...
ACE USA, the U.S.-based retail operations of The ACE Group of Companies has introduced ACE Spectra, an admitted insurance product...