New York state will try to sell Midland Insurance, which is being liquidated with almost $1 billion of assets and...
P&C Companies News
The UK’s Prudential Plc and Canada’s Manulife Financial Corp made preliminary offers for American International Group Inc.’s Asian unit, but...
A.M. Best Co. said it is “maintaining a stable outlook in 2009 for the global reinsurance sector for the third...
U.S. Federal Reserve Chairman Ben Bernanke Tuesday defended the government’s latest bailout of embattled insurer AIG, telling irate lawmakers that...
Michigan Gov. Jennifer Granholm’s call for auto insurance companies to freeze their rates has won over 12 companies thus far,...
Nebraska’s highest court will determine whether a state insurance guaranty fund must cover nearly $1 million in losses suffered by...
Standard & Poor’s Ratings Services has lowered its counterparty credit rating on Hartford Financial Services Group Inc. (HIG) to ‘BBB’...
Standard & Poor’s Ratings Services has affirmed its ‘AA’ counterparty credit and financial strength ratings on State Farm Mutual Automobile...
The National Association of Insurance Commissioner recently issued its annual report on homeowners insurance. The report, based on figures from...
The Association of California Insurance Companies is warning Californians about a trend in the state by local governments to impose...