A.M. Best Co. has assigned a financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-”...
National News
Marsh & McLennan Inc. posted a drop in second-quarter earnings on Wednesday, hurt by a $115 million write-down of goodwill...
Lexington Insurance Company, a unit of AIG Commercial Insurance, announced the launch of “Lex P-3 Solutions SM,” which it described...
New York-based insurer Tower Group, Inc. has agreed to acquire Bermuda reinsurer CastlePoint in a transaction valued at approximately $490...
The first read on insurance companies’ second-quarter earnings shows they’re taking hits from the same kinds of mortgage-backed investments as...
The decline in claim frequency for workers compensation injuries continued into 2007, but the magnitude is much smaller than in...
A House committee chairman is trying to stop the Bush administration from implementing a late-term rule that could make it...
New Jersey Banking and Insurance Commissioner Steven M. Goldman, testified in Washington on behalf of the National Association of Insurance...
The Hanover Insurance Group, Inc. in Worcester, Mass. reported a net loss for the second quarter of 2008 of $10.2...
Selective Insurance reported that new premiums declined for the second quarter while workers’ compensation results improved and its recent expansion...