American International Group Inc. has settled with a federal banking regulator allegations that it charged homeowners excessive mortgage fees and...
National News
Insurance broker Marsh Inc. has named Mark C. McGivney as chief financial officer. McGivney joins the firm from the Hanover...
Global investment manager D. E. Shaw group has organized a Bermuda-based holding company to acquire James River Group, Inc. a...
A.M. Best Co. has upgraded the financial strength rating (FSR) to “A+” (Superior) from “A” (Excellent) and the ICR to...
A.M. Best Co. has placed the financial strength rating (FSR) of “A-” (Excellent) and the issuer credit ratings (ICR) of...
Exponential growth of state-run property insurers of last resort ultimately may shift much of the long-term risk of hurricane-related losses...
A.M. Best Co. has affirmed the financial strength rating (FSR) of “A-” (Excellent) and assigned issuer credit ratings (ICR) of...
C.V. Starr & Co. announced that Jeffrey M. Hafter has been promoted to president, replacing William J. Weichold, who retires...
GNY Insurance Companies has expanded its business operations in the Midwest. The company is currently adding staff to better handle...
Tower Group, Inc. reports that Steven G. Fauth, a director of Tower Group, Inc. and senior vice president of claims...