The overall U.S. insurance industry reserve redundancy is $22.0 billion versus $21.9 billion at year-end 2009, after the industry released...
National News
Legislation has been introduced in the U.S. House of Representatives to adjust the tax code for about 600 small property/casualty...
In a major victory for victims of Allen Stanford’s alleged Ponzi scheme, U.S. regulators have concluded that they should be...
A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of A+ (Superior)...
Travelers has unveiled CyberRisk, a new product from Travelers Bond & Financial Products meant to limit client cyber exposures and...
Professional Liability Insurance Services, Inc. – Underwriting Facilities, on June 1, launched business interruption and extra expense insurance coverage for...
U.S securities brokers would be more closely scrutinized by accountants and be subject to stricter rules for how they handle...
The Professional Liability Underwriting Society (PLUS) has launched a program, Future PLUS initiative, it hopes will attract and educate the...
A judge granted preliminary approval for Ambac Financial Group Inc., insurers and some banks to pay $33 million to investors...
The Obama administration defended its stepped up enforcement of a U.S. law banning bribery of foreign officials, and warned lawmakers...