P&C Companies News

Conseco Liquidates Some Assets

Pursuant to this transaction, Lehman Brothers will purchase approximately $1.5 billion in loans from Conseco Finance, with up to $500...

Royal & Sun Profits Fall

Royal & Sun Alliance Insurance Group shares fell nearly five percent Thursday on word that the British financial service company’s...

Aon Profits Fall

First-quarter operating profit fell to 47 cents per share from 58 cents one year ago, hitting analyst forecasts. Net profit...

George Litto Pictures Sues AXA Re

Film producer George Litto has sued French insurer AXA Re for revoking two insurance contracts that would help provide funding...

UNUMProvident Profits Fall

The company, the No. 1 U.S. disability insurer, formed last year with the merger of UNUM Corp. and Provident Companies....