Standard & Poor’s Ratings Services announced that it has raised its counterparty credit rating on Warren, N.J.-based Chubb Corp. to...
National News
The Supreme Court has agreed to consider reinstating a roughly $500 million settlement of asbestos-related lawsuits against the Travelers Companies...
American International Group’s life insurance companies have sold residential mortgage-backed securities with a face value of $39.3 billion to the...
Birmingham ,Ala.-based ProAssurance Corp. said it will acquire Mid-Continent General Agency for an undisclosed price. Mid-Continent is a managing general...
A Michigan–based Christian rights group has filed suit against the federal government claiming the government’s loan to insurance giant American...
After-tax profits for the U.S. property and casualty industry through the first nine months of the year were $4.1 billion...
A former insurance executive was sentenced to two years in prison Tuesday for a scheme that prosecutors said allowed the...
Progressive Corp., the No. 3 U.S. auto insurer, said it will not pay investors an annual dividend in 2008 because...
Credit default swaps could be regulated in future by multiple agencies, including the Federal Reserve, the Commodities Futures Trading Commission...
The deteriorating U.S. economy – with its waves of layoffs, dislocations in the credit and equity markets, and falling home...