In a twist to a scandal that has rocked the insurance industry over the last several years, a New York...
earnings News
The Supreme Court Wednesday overturned the record $2.5 billion in punitive damages that Exxon Mobil Corp had been ordered to...
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-”...
Bermuda-based ACE Limited has announced that, based on current estimates, the impact of the recent floods in the Midwestern U.S....
A.M. Best Co. has affirmed the financial strength rating of ‘B++’ (Good) and issuer credit rating of “bbb” of Hong...
Walls and levees held back the cresting Mississippi River Sunday as requests for government aid poured in from homeowners and...
Two consecutive years of record earnings in the property and casualty insurance industry driven by lower catastrophe losses and healthy...
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit rating (ICR) of “a”...
A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A-‘ (Excellent) from ‘B++’ (Good) and issuer credit rating...
A group of insurers who cover farmers in the event of catastrophe-driven losses are facing their worst claims in 15...