The number of independent agencies has stabilized — that’s one of the key findings of the 2008 Agency Universe Study....
National News
American International Group , once the world’s largest insurer, owes around $10 billion to other financial services firms for trades...
The directors and officers (D&O) liability insurance market appears headed for a sharp underwriting downturn beginning with 2008 results, analysts...
Prudential Financial Inc., Manulife Financial Corp. and three other firms are expected to place competing bids for two Japanese life...
American International Group (AIG) has named Peter Eastwood as president and chief executive officer of leading surplus lines insurer Lexington...
Specialty insurer Ironshore Inc. has named Kevin Kelley its chief executive officer. Bob Deutsch, the company’s founding CEO, will become...
Premiums charged by the National Flood Insurance Program (NFIP) are inadequate to cover the risk and the program should re-examine...
Standard & Poor’s Ratings Services announced that it has placed its ratings on five major U.S. mortgage insurers and their...
Doctors-in-training are still too exhausted, says a new U.S. report that calls on hospitals to let them have a nap....
A.M. Best Co. has withdrawn and assigned an “nr” to the issuer credit rating (ICR) of “a-” of Pennsylvania-based Philadelphia...