Boston-based Liberty Mutual Group finalized its acquisition of Seattle, Washington-based Safeco Corp. on Sept. 22 after entering the agreement in...
National News
The U.S. property/casualty industry’s net income after taxes fell more than 50 percent to $15.9 billion in the first half...
Billionaire investor Warren Buffett said Wednesday his Berkshire Hathaway Inc. insurance and investment company would consider buying some units from...
Fitch Ratings has downgraded the long-term Issuer Default Ratings (IDRs) and Insurer Financial Strength (IFS) ratings of Liberty Mutual Group,...
Insurers Travelers Cos Inc and Chubb Corp will no longer issue surety bonds with American International Group Inc as a...
A.M. Best announced that a number of leaders of its insurance ratings team will address a variety of important property/casualty...
While independent agents have their favorite carriers for certain risks, on occasion they end up choosing a carrier other than...
U.S. Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke on Tuesday urged Congress to act swiftly on a...
The Navigators Group Inc. announced that The Navigators Pro division of its principal underwriting agency subsidiary, Navigators Management Co., increased...
A researcher at the University of Iowa has found that tort reform laws do lower insurance premiums and save consumers...