Rhode Island is acting to safeguard the estimated $131 million it has in investment accounts managed by financially struggling insurance...
Yearly Archives: 2008
“Poor packaging by the fashion industry could mean that insurers refuse to pay claims for damaged goods in transit –...
Standard & Poor’s Ratings Services has revised the CreditWatch status of most of its ratings on the AIG group of...
A.M. Best Co. has affirmed the Best’s Syndicate Rating of ‘A’ (Excellent) and issuer credit rating (ICR) of “a+” of...
A.M. Best Co. has upgraded the financial strength ratings (FSR) to ‘A’ (Excellent) from ‘A-‘ (Excellent) and the issuer credit...
Standard & Poor’s Ratings Services will hold a telephone conference call today, Thursday, Sept. 18, 2008, at 3 p.m. Eastern...
American International Group’s deal with the government is a bankruptcy liquidation in all but name, and the $85 billion it...
The U.S. government is betting former Allstate chief Edward M. Liddy is the safest pair of hands to oversee the...
The crisis surrounding giant insurer American International Group has reignited the debate within insurance circles over whether state or federal...
Jim L. Ridling began his new job as Alabama Insurance Commissioner on Sept. 15 under appointment by Gov. Bob Riley...