Standard & Poor’s Ratings Services said today that its ratings on American International Group (AIG; A-/Negative/A-1) and AIG’s insurance subsidiaries...
National News
A.M. Best Co. has placed under review with negative implications the financial strength rating of ‘A-‘ (Excellent) and issuer credit...
Weather-related claims of nearly $440 million dragged down profits by 9 percent at Travelers, which reported second quarter net income...
The $20 billion fund set up to help compensate victims of BP Plc’s devastating Gulf of Mexico spill does not...
The Obama Administration is again opposing a move to add wind insurance to the federal flood insurance program, as has...
Decreases in average renewal premiums continued to show up for commercial clients during the second quarter of 2010, according to...
Ironshore Inc.’s aviation division has entered a treaty reinsurance program with the Starr Group to provide protection against commercial satellite...
Brownyard Group, a program administrator providing specialized insurance coverage for select industry groups, has added animal mortality coverage to its...
The vacant and distressed property segment, which was barely thought of two years ago, has been a beacon of light...
Blue Cross Blue Shield’s nonprofit health plans raised insurance premiums even as they set aside millions of dollars in surpluses...