Newswires

MetLife’s P&C operations outperformed the industry, returning 22.3% on its equity, compared to a median of 2.9% for the 41 companies that were ranked. MetLife’s operating ratio of 84.5% was also lower than the median operating ratio of 94.4%…

U.K.-based financial services group Prudential plc reported a 2009 after-tax profit of 676 million pounds (748 million euros) in 2009, up from a loss of 396 million pounds in 2008…

  An interview with Chris Orestis, President of Life Care Funding Group Chris Orestis, president of Life Care Funding Group,…

  Centennial, CO – March 2, 2010  – Colorado Casualty, a Liberty Mutual Agency Markets regional company, today introduced its…

Blue Cross and Blue Shield of North Carolina’s annual profit for 2009 dropped by 42 percent from the previous year, mostly because of higher medical costs and a lack of membership growth, the company announced…

New MetLife Study Examines. For decades, American Baby Boomers have been characterized as a bloc of people who think and act as one monolithic generation. In both a series of Demographic Profiles and a new study, The MetLife Study of Boomers in the Middle, facts are emerging about how distinct the segments are.

Firm Taps Regina Spratt to Lead National Brokerage Business; Edward Lynch to Lead Business Development for Marsh & McLennan Agency. As it focuses on accelerating growth across the U.S., Marsh, the world’s leading insurance broker and risk advisor, is intensifying its efforts to expand its business to a full range of U.S. insurance buyers.

BIRMINGHAM, Ala. A lawsuit filed by the Justice Department against 18 attorneys, law firms and companies seeks repayment for payments made on behalf of 907 Medicare beneficiaries who were part of the massive agreement. Filed in December, the federal lawsuit doesn’t seek a specific amount. “The complaint speaks for itself,” he said.