The ongoing downturn in the real estate market is forcing many professionals to make tough choices on where to trim...
National News
The 2010 Atlantic hurricane season, which ends tomorrow, was one of the busiest on record, according to the National Oceanic...
A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of National...
Standard & Poor’s Ratings Services has lowered its counterparty credit and financial strength ratings on Novato, Calif.-based Fireman’s Fund Insurance...
The U.S. Treasury hired Greenhill & Co. to help it dispose of its investment in bailed-out insurer American International Group,...
The administrator of the $20-billion fund created by BP Plc to compensate Gulf of Mexico oil spill victims announced plans...
SAP AG must pay Oracle Corp $1.3 billion for software theft in a jury verdict that could be the largest-ever...
The National Conference of Insurance Legislators (NCOIL) has adopted a revised version of the Surplus Lines Multi-State Insurance Compact (SLIMPACT)...
Insurance broker Brown & Brown has named Paul J. Zimmerman as director of acquisitions. Zimmerman is a 40-year industry veteran...
Angelo Mangia, president and CEO of Long Island, N.Y.-based Standard Funding, has been elected president of the National Premium Finance...