A.M. Best Co. has downgraded the financial strength rating (FSR) to ‘B+’ (Good) from B++ (Good) and assigned issuer credit...
National News
James River Group, Inc. stockholders have overwhelmingly approved the acquisition of the company by a Bermuda-based holding company and member...
Wayzata, Minn.-based Cargill Inc. says it is recalling more than 1 million pounds of ground beef that may be contaminated...
Maurice “Hank” Greenberg, the former chief executive officer of American International Group Inc. who remains a big AIG shareholder, believes...
HCC Insurance Holdings Inc., headquartered in Houston, announced the appointment of William W. Lukefahr as the company’s vice president and...
Threats from terrorists have become a subject nobody can ignore – least of all the insurance industry. To meet those...
Homeowners and businesses are finding it harder to afford, or even obtain, insurance in coastal states after catastrophes such as...
NASA is abandoning its secrecy claims and promising to reveal results of an unprecedented federal aviation survey that found aircraft...
The former creative director of the U.S. arm of Japan’s largest advertising agency sued the company this week, saying he...
Insurance brokerage Aon Corp., faced by fierce competition and falling rates, said Wednesday it will cut 2,700 jobs as part...