A.M. Best Co. has downgraded the financial strength ratings (FSR) to ‘A’ (Excellent) from ‘A+’ (Superior) and the issuer credit...
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Marsh’s London office reports that the insurance broker and risk adviser has appointed Paul O’Keefe as Global Claims Leader for...
Maurice “Hank” Greenberg’s legacy as the man who built AIG into the world’s largest insurer was tarnished by a 2005...
The U.S. Federal Reserve, by taking an equity stake in American International Group, is moving further into uncharted territory and...
Workers’ compensation insurer BrickStreet Mutual Insurance Co. wants to expand into Kentucky, Virginia, Alabama, Pennsylvania and Illinois. President and Chief...
Former employees of North Dakota’s Workforce Safety and Insurance agency have struggled to pursue claims that they were illegally fired...
EU leaders backed a blueprint on Sunday for streamlining how banks are supervised designed to spot excessive risk earlier to...
The British American Business Council of Orange County, Calif., (BABC-OC) recently appointed John Kuykendall as president for 2009. Kuykendall is...
American International Group Inc. posted a $61.7 billion fourth-quarter loss — its fifth consecutive quarterly loss and the biggest quarterly...
Standard & Poor’s Ratings Services has stated that its ratings and outlook on Germany’s Allianz SE (AZSE – rated AA/Stable/A-1+)...