Two insurance companies have said they will not participate in the government’s rescue program to directly invest billions in financial...
National News
A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Park...
A national consumer group says state insurance departments vary in the quality of the information they provide consumers online, with...
More than four in 10 Americans are worried that the current economic environment can expose their families to crime, according...
Quarterly profits nosedived by nearly 99 percent at Boston-based Liberty Mutual group, which saw its third quarter earnings fall to...
Warren Buffett’s Berkshire Hathaway Inc. said Friday third-quarter profit fell 77 percent, the fourth straight quarterly decline, hurt by weaker...
The Professional Liability Underwriting Society (PLUS) honored Kevin M. LaCroix with its 2008 PLUS Founders Award and John J. Degnan,...
American International Group, Inc. (AIG) today announced agreements with the U.S. Treasury and the Federal Reserve to establish a durable...
Giant financially-troubled insurer American International Group Inc. posted its largest-ever quarterly loss today– $24.47 billion — as the damage from...
The U.S. government retooled a rescue package for insurer American International Group to take advantage of its new ability to...