The property/casualty insurance industry suffered a $1.3 billion net loss after taxes for first-quarter 2009, which constitutes a $9.8 billion...
National News
Towers, Perrin, Forster & Crosby Inc. and Watson Wyatt Worldwide Inc. have entered into a definitive agreement under which Towers...
A.M. Best Co. has assigned a financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” to CastlePoint...
Hartford Financial Services Group Inc. said Friday it has taken $3.4 billion of federal bailout money, the maximum it was...
The top U.S. accounting rulemaker denounced the “politicization” of accounting standards on Friday, three months after he was pressured by...
The U.S. Supreme Court overruled President Barack Obama’s high court nominee Sonia Sotomayor Monday in an important race discrimination case,...
More than 3,400 Americans will be injured or killed by a defective Chrysler or General Motors vehicle during the first...
Legislation aimed at streamlining and reducing barriers in state regulation of surplus lines insurance and reinsurance has been introduced in...
A.M. Best Co. commented that the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-”...
American International Group Inc. agreed to sell two downtown Manhattan buildings, including its headquarters, for a total of $150 million,...