Industry News
Jacobson, ejsSearch Merge Creating International Insurance Search & Staffing Firm
The U.S. insurance industry employment firm The Jacobson Group is merging with London-based executive search company ejsSearch, which serves European and international markets. "As the industry ...QBE Cuts Dividend, Reports Lower Than Expected Profit
QBE Insurance, Australia's biggest insurer, posted a lower-than-expected 8 percent rise in full-year net profit due to high claims for accidents and adverse U.S. weather, prompting it to slash its ...Tower Group Reports Fourth-Quarter Loss
More than $80 million of after-tax net losses from Superstorm Sandy drove bottom-line red ink at New York-based Tower Group, Inc., which reported a net loss of $52.1 million, or $1.36 per share, for ...D&O Insurance Market In State Of Transition: Marsh
Global broker Marsh reported that the directors and officers liability insurance is in "a state of transition" at the start of 2013. With overall program rates "generally flat to up slightly," and ...No Plans To Move Illinois Headquarters: State Farm
State Farm Insurance Co. says it isn't moving its headquarters from Bloomington, despite recent media reports that the Illinois-based company is adding major office space in Dallas, Atlanta and ...IASB, FASB Fail To Agree On Bank Loan Loss Rules; Insurers Press For Time
Investors will have to grapple with two sets of rules for how banks recognize losses on loans after the world's two main accounting regulators failed to agree a common approach. At the height of the ...
Wells Media Launches Carrier Management For P/C Execs
Silverstein Seeks Dismissal Of Airline’s World Trade Center Defense
The leaseholder of the World Trade Center properties is asking a U.S. federal judge to reject arguments that American Airlines is not liable for damages stemming from the Sept. 11, 2001 hijackings ...