A central Pennsylvania company has filed a class action complaint against insurance giants CIGNA and ACE for their refusal to...
Newsbriefs
State Farm Insurance Cos. has received federal approval to offer banking services nationwide by late 2001. The company opened State...
Bermuda’s XL Capital Ltd. unveiled the second phase of its restructuring plan, announcing a refocusing on more profitable underwriting lines...
Despite efforts by the Federal Emergency Management Agency (FEMA) and U.S. Senators Christopher Bond of Missouri and James Inhofe of...
SAFECO will experience higher than expected underwriting losses in its large commercial and homeowners lines, slowing third-quarter profit improvement sharply....
A new California law passed this session has given Insurance Commissioner Harry Low the authority to ask all insurers in...
Warren Buffett’s National Indemnity is up to the challenge of insuring a $1-billion lottery, the world’s largest ever. Experts say...
Robert Guyer and Robert Todd Bennett, associates of former Greenwich financier Martin Frankel, pleaded guilty on Sept. 18 and Sept....
Gov. Gray Davis signed legislation that will permit Armernian genocide victims and their heirs to file suits in California against...
Fremont General Corp. entered into an adverse development reinsurance agreement with Fremont Indemnity, a subsidiary of Fremont General, and XL...