Bank of America Corp. is close to a deal to pay $8.5 billion to settle claims from a group of...
National News
Insurers do not expect interest rates to rise materially in the next year or so, leading them to look for...
Commercial property/casualty insurance prices are stabilizing, with 70 percent of buyers expecting at least flat rates after years of declines,...
Standard & Poor’s Ratings Services has lowered its rating on Mariah Re Ltd.’s Series 2010-1 notes to ‘CCC+(sf)’ from ‘B(sf)’....
AmWINS Group, Inc. has developed an exclusive program with an A.M. Best rated A+XV carrier to provide coverage for the...
NSM Insurance Group’s Express Hotel Program is now providing property coverage for accounts that are hit with an infestation of...
Five states—California, Florida, Texas, New York and Michigan—generate almost half of all suspicious claims to property/casualty insurance companies, a new...
New York’s highest court Tuesday revived a lawsuit by several large banks challenging bond insurer MBIA Inc.’s 2009 restructuring, which...
The fact that U.S. property/casualty insurers’ earnings have taken a hit due to recent catastrophe losses should not by itself...
The massive earthquake and tsunami that hit Japan in March has led to supply chain disruptions around the world, sending...