A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘B’ (Fair) from ‘B-‘ (Fair) and assigned an issuer...
National News
Marsh & McLennan Cos. Inc. will pay Michael Cherkasky, the executive they brought in to broker a costly legal settlement...
The Internal Revenue Service (IRS) has dropped plans to change the way that captive insurance companies are taxed. U.S. Senator...
Reed Elsevier announced the acquisition of U.S. risk-management business ChoicePoint Inc for $4.1 billion, including debt, and said it would...
Michigan-based Meadowbrook Insurance Group, Inc. reported it will acquire ProCentury Corp. in a transaction valued at approximately $272.6 million in...
A new survey by New York research firm found that property casualty insurer CEOs tend to focus more on the...
The U.S. Treasury Department is optimistic that problems in bond insurance will be worked out and progress is being made,...
Midlands Management Corporation announced that Richard Jonathan Bird has joined the company as executive vice president and chief operating officer....
Bruce hayden has joined the online insurer Berkley Net Underwriters in its business development unit. As director of Specialty Markets,...
They’re among the most effective lifesaving devices a homeowner can have, cutting the risk of death from a fire nearly...