British energy giant BP Plc is holding up payments to economic victims of the Gulf of Mexico oil spill, Kenneth...
National News
The Navigators Group, Inc.’s principal underwriting agency subsidiary, Navigators Management Co., Inc., has introduced the Contractor’s Environmental Risk Management (ERM)...
The recently enacted Dodd-Frank Wall Street Reform and Consumer Protection Act has specific provisions applicable to rating agencies. A comment...
A comment from Standard & Poor’s Ratings Services notes that the Dodd-Frank Wall Street Reform and Consumer Protection Act “seeks...
Standard & Poor’s Ratings Services said today that its ratings on American International Group (AIG; A-/Negative/A-1) and AIG’s insurance subsidiaries...
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...
Two insurance technology firms– BIPT, Inc. and Focus Technologies, LLC– have announced plans to merge. Under the terms of the...
The two oil companies that are BP’s partners in the now-capped oil well told Congress Thursday they will not set...