With only five days left before the Terrorism Risk Insurance Act was set to expire on Dec. 31, 2007, President...
National News
Fitch Ratings has placed the following ratings of Ambac Financial Group, Inc. and Ambac Assurance Corp. (Ambac) on Rating Watch...
Some 5,500 pounds of basil grown in Mexico and sold in the United States has been recalled because of fears...
The biggest casualty of the crisis surrounding bond insurers may well be the insurers themselves. Issuers and bond buyers alike...
Nearly two years after a conveyor belt fire killed two miners in Logan County, W. Va., a congressionally mandated study...
Michael G. Cherkasky is out as CEO of Marsh & McLennan Cos. Inc. and the search is on for his...
Maintaining underwriting discipline and keeping expenses in line with slowing premium growth will pose major challenges to property/casualty insurers in...
A.M. Best Co. has assigned a financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-”...
Arch Insurance Group said it has completed its acquisition of Wexford Underwriting Managers and will rename the new division Arch...
Valiant Insurance Group, Inc. in New York announced that Ursula M. Kerrigan has joined its U.S. property and casualty insurance...