iwix.net, an Internet specialty insurance marketplace, will close effective April 30 due to its inability to secure additional funding. The...
Newsbriefs
Standard & Poor’s has lowered its financial strength ratings on all members of the Highlands Insurance Group, to double-‘Bpi’ from...
Two weeks ago, an Illinois state Appellate Court upheld most of a lower court’s verdict in a nationwide class-action lawsuit...
A.M. Best lowered the financial strength rating of the State Compensation Insurance Fund of California (SCIF), San Francisco, Calif., from...
Washington Insurance Commissioner Mike Kreidler said he expected all insurers offering earthquake insurance in the state to resume writing such...
Most analysts have concluded that no serious insured losses will be caused by the current foot-and-mouth epidemic in Britain and...
Thanks to a decision made March 28 by the California State Supreme Court, insurers can continue adjusting rates based partially...
Beazley, one of Lloyd’s leading syndicates, has completed a management buyout. “Under the new structure, the directors and staff will...
The number of people killed in traffic accidents increased last year, due in part to a rise in fatal motorcycle...
On March 28, S&P removed the ratings of SAFECO Corp. and related entities from CreditWatch and lowered SAFECO’s counterparty credit...