Bermuda-based Trenwick Group Ltd. announced that it would cease underwriting its U.S. specialty program insurance business effective immediately. Operating under...
National News
Rising medical-malpractice insurance premiums for doctors and hospitals are adding to already budget-busting medical-cost inflation, according to the special report,...
W. R. Berkley Corporation reported third quarter operating income of $42 million, or 81 cents per share, compared with an...
“Over the past 12 months, our industry has faced unprecedented challenges that have made our public policy and political advocacy...
The Chubb Corporation reported that net written premiums grew 33 percent as insurance rates continued to rise in all three...
Fitch Ratings has lowered its long-term and senior debt ratings on The St. Paul Companies, Inc. (SPC) to ‘BBB+’ from...
Fitch Ratings has placed all ratings of The Chubb Corporation (Chubb) on Rating Watch-Negative. The ratings include the ‘AA+’ insurer...
SAFECO reported continued earnings growth as third-quarter net income increased to $75.2 million, or $0.59 per diluted share. Income before...
David Farmer, senior vice president of federal affairs for the Alliance of American Insurers, issued the following letter to the...
“Too many of us believe that the insurance market is dictated to by the insurance cycle.” Those were the words...