Warren E. Buffett, the billionaire chairman of giant Berkshire Hathaway, praises the performance of his primary insurance units, particularly Geico,...
National News
US Airways cannot collect insurance for post-9/11 business losses because it already received money for that purpose from the federal...
Lighthouse Underwriters, an Anandale-Va.-based program underwriting company, announced that Sean Gormley has been promoted to senior vice president. In this...
Reference to the National Catastrophe Insurance Plan is prominently absent from the National Association of Insurance Commissioner’s agenda as NAIC...
Embattled hospital leaders, who have been talking internally for three months about a CBS 60 Minutes news segment on hospitals...
The Allstate Corporation said in a written statement this week that adoption of a new policy will strengthen the company’s...
A.M. Best Co. has downgraded the debt rating to “ccc” from “b+” of the $100 million 6.05% 30-year surplus notes...
Despite Hurricane Katrina’s devastation, a new survey says that most Americans are not very concerned about buying flood insurance for...
A.M. Best Co. has affirmed the financial strength rating (FSR) of A++ (Superior) of the property/casualty subsidiaries of The Chubb...
An estimated 500,000 cars were damaged by hurricanes last year. Unfortunately, many of these vehicles have been purchased by dishonest...