Standard & Poor’s Ratings Services has lowered its counterparty credit rating on Hartford Financial Services Group Inc. (HIG) to ‘BBB’...
National News
Standard & Poor’s Ratings Services has affirmed its ‘AA’ counterparty credit and financial strength ratings on State Farm Mutual Automobile...
Wichita, Kan.-based IMA has formed a new subsidiary, Signature Select LLC. This new entity, a retail insurance broker, will provide...
U.S. Federal Reserve Chairman Ben Bernanke Tuesday defended the government’s latest bailout of embattled insurer AIG, telling irate lawmakers that...
The Supreme Court Wednesday ruled against the drugmaker Wyeth, holding that pharmaceutical companies can be held liable for harm from...
Paula Rosput Reynolds has a job that would daunt some of the most experienced Wall Street veterans — restructuring American...
Maurice “Hank” Greenberg’s legacy as the man who built AIG into the world’s largest insurer was tarnished by a 2005...
The U.S. Federal Reserve, by taking an equity stake in American International Group, is moving further into uncharted territory and...
A.M. Best Co. has removed from under review with negative implications and affirmed the financial strength rating (FSR) of ‘A-‘...
A.M. Best Co. and Standard & Poor’s Ratings Services have both issued statements in relation to American International Group’s announcement...