The nursing home market, already in a state of deterioration for several years now, is becoming increasingly barren. It’s a...
Markets/Coverages News
First, the company’s chief executive stepped down amid pressure from stockholders. Then, the company’s surety group withdrew its proposal for...
Travelers Insurance has begun airing its new television advertising campaign as part of the company’s continued focus on the importance...
A Senate subcommittee distributed California Department of Insurance market conduct examinations in defiance of a state law that prohibits the...
The U.S. property/casualty industry’s net income after taxes dropped 35.4 percent to $5.8 billion in first-quarter 2000, down from $9...
The property/casualty insurance industry reported a statutory rate of return of 7.0 percent (on an annualized basis) during the first...
Zebu has withdrawn a $64 million initial public offering due, primarily, to sour market conditions. The San Francisco-based high tech...
The passage of the Gramm-Leach-Bliley Act marked a watershed in U.S. financial regulation, opening up the banking, insurance and securities...
The Federal Emergency Management Agency (FEMA) estimates that almost 11,000 households in the U.S. are at risk for flooding, which...
After the Northridge earthquake rumbled through California on Jan. 17, 1994, destroying or damaging more than 200,000 homes, injuring 12,000...