State insurance regulators voted against a proposal to loosen capital requirements for the battered life insurance industry, shooting down hopes...
P&C Companies News
A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘B++’ (Good) from ‘B’ (Fair) and issuer credit rating...
Fourth quarter profits at Warren, New Jersey-based The Chubb Corp. fell 37 percent to $407 million from $650 million in...
Standard & Poor’s Ratings Services has assigned its preliminary credit ratings to the $200 million principal at-risk variable-rate notes series...
Nick Starling, the Director of General Insurance and Health of the Association of British Insurers (ABI), issued the following comment...
Willis Re, the reinsurance arm of global broker Willis Group Holdings, announced the appointment of 17 professionals “to extend the...
A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating (FSR) of ‘A+’...
Branchville, New Jersey-based Selective Insurance Group Inc. reported a fourth-quarter net loss, hit by a 63 percent fall in investment...
The former vice president of reinsurance of American International Group Inc. (AIG) has been sentenced to four years in prison...
The Wisconsin Supreme Court has ruled in favor of the insurance company in a closely-watched case involving a farmer’s business...