XL Insurance has appointed Richard DeSimone to the new position of president of its U.S. Ocean and Inland Marine unit....
National News
Insurer American International Group (AIG) is suing Bank of America Corp. to recover more than $10 billion of losses from...
Profitability soared by 49 percent and policyholder dividends were up 73 percent for captive insurance entities followed by rating analysts...
Warren Buffett’s conglomerate Berkshire Hathaway Inc. reported a larger second-quarter profit Friday, as favorable investment results and strength in the...
A unit of Warren Buffett’s Berkshire Hathaway Inc. made a $3.24 billion buyout offer for Transatlantic Holdings Inc., topping two...
Chartis introduced a new general liaiblity product for building services contractors to address several target casualty exposures in a single...
Bailed-out insurer American International Group plans to hold on to its mortgage insurance business even as the rest of that...
Wells Fargo & Co. plans to pay $590 million to settle a class action lawsuit regarding Wachovia preferred securities and...
The U.S. set a record for the most tornadoes within a month with April’s deadly storms. The final report for...
A judge is allowing an Army veteran who says he was imprisoned unjustly and tortured by the U.S. military in...