Standard & Poor’s Ratings Services announced that its ratings on American International Group Inc. (A-/Negative/A-2) and AIG’s insurance subsidiaries “are...
National News
Marsh Inc. has appointed David Bidmead to the newly-created role of CEO of Marsh U.S. In this capacity, Bidmead will...
The Nonadmitted and Reinsurance Reform Act (NRRA), Subtitle B, Part I, Dodd-Frank Wall Street Reform and Consumer Protection Act, will...
AmWINS Group, Inc. has acquired American Southwest Insurance Managers, Inc., Excel General Agency, Inc. and Oakwood Software Insurance Solutions, LLC....
Allstate Insurance net income fell 43 percent in the fourth quarter as rising claims from auto insurance customers and catastrophes...
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a”...
Banks earned less in insurance brokerage fees in the third quarter of 2010 than the previous year’s third quarter. However,...
Kenneth Feinberg, the formerly freewheeling administrator of BP Plc’s fund to compensate victims of last year’s oil spill, could be...
Spatial Key and Kinetic Analysis have announced a strategic partnership to provide real-time and historical tropical storm analysis for underwriters,...
The loss of market share in the surplus lines sector of the property/casualty insurance industry will turn around when standard...