Mid-year earnings from bank insurance brokerage hit their highest level ever in the first half of 2008. Bank insurance brokerage...
National News
Insurer American International Group Inc., working to stave off rating downgrades [See related article] and shore up the capital of...
Four former executives of American International Group Inc., including ex-CEO Maurice “Hank” Greenberg, agreed on Thursday to settle a long-standing...
The U.S. subprime-mortgage crisis has now spurred more federal lawsuits than the savings and loan debacle of the late 1980s...
Hurricane Ike gathered strength as it churned through the Gulf of Mexico’s warm waters Thursday on a track that would...
Manhasset, New York-based NIF Property Solutions, a division of NIF Group, Inc., said it will act as the exclusive underwriter...
A.M. Best Co. has placed the financial strength rating (FSR) of ‘B++’ (Good) and issuer credit rating (ICR) of “bbb”...
Insurance executives expect sub-prime and other credit issues to continue to have a significantly negative impact on the industry’s financial...
Fears that American International Group Inc.’s large mortgage exposure could trigger another round of losses has rankled investors so much...
The National Association of Professional Surplus Lines Offices Ltd. launched an education and awareness campaign to demonstrate the value that...