Markets/Coverages News

STATE FARM’S EXIT SLOWED

New Jersey’s Department of Banking and Insurance is seeking to prolong the state’s largest automobile insurer’s presence in order to...

CITIGROUP CUTS MORE JOBS

In addition to the previously announced layoffs of 1,200 employees, Citigroup Inc. announced it would let go another 3,000 workers...

X.L. AMERICA LAUNCHES NEW UNIT

X.L. America Inc. is consolidating the management of its U.S. specialty insurance programs under one newly formed business unit, XL...