A.M. Best Co. has downgraded the issuer credit rating (ICR) to “a” from “a+” and affirmed the financial strength rating...
National News
Wal-Mart Stores Inc., the world’s largest retailer, is making its biggest push yet to try to improve conditions at factories...
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-”...
Willis has started a new practice group called Willis Open to help public entities and corporate businesses build alliances with...
American International Group, Inc. (AIG) has appointed Castor Aerospace LLC as its new program administrator for space-related risks. This appointment...
Citigroup has filed a claim with Nasdaq OMX Group to potentially receive compensation for losses associated with Facebook Inc.’s glitch-ridden...
Ambac Financial Group Inc. on Monday said it has reached a $101.9 million settlement of a dispute with the Internal...
A reworking of a key piece of the workers’ compensation rating formula isn’t changing rates overall but is changing premiums...
Insurer American International Group Inc. has asked a court to block Maurice “Hank” Greenberg’s efforts to sue the U.S. government...
InsurBanc — a federal savings bank founded by the Independent Insurance Agents & Brokers of America and W.R. Berkley Corp....