American International Group Inc. shares are expected to settle back to a level in the mid-$40 range once the company’s...
Financial News
U.S. property insurers like Travelers Cos. Inc. and Chubb Corp. were expecting a relatively mild fourth quarter for catastrophe losses,...
The U.S. property/casualty industry generated improved operating results in the third quarter despite competitive market conditions, elevated catastrophe losses, the...
A quick, and as yet incomplete, survey of re/insurance industry leaders indicates that the main concern they will have to...
Lloyd’s year-end review shows that, like the rest of the industry it faced a number of challenges in a difficult...
Bakerjian Insurance Services (BIS) has launched of a new insurance product designed to protect lenders against potential damage from repurchase...
Allstate Corp. has sued Bank of America Corp., its Countrywide lending unit and 17 other defendants for allegedly misrepresenting the...
Bailed-out insurer American International Group took another step toward winding down its U.S. government support Monday by securing $4.3 billion...
During a rainstorm in Washington in early 2009, amid the furor over Wall Street’s post-bailout bonuses, an American International Group...
The Hartford said it has inked a $278 million deal to sell its third-party claims administration business, Specialty Risk Services...