News

Record reinsurer capital levels, strong reinsurer capacity, an absence of major catastrophe losses in the U.S. and competitive pressures helped... Read More

A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘B’ (Fair) from ‘B-‘ (Fair) and issuer credit ratings... Read More

Exxon Mobil Corp.’s chief executive officer disputed findings from a White House commission that lax industry practices were to blame... Read More

Planned new U.S. mine safety rules, following a blast that killed 29 men last year, will further raise costs for... Read More

A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of Providence... Read More

BP and its partners made a series of cost-cutting decisions that ultimately contributed to the oil spill that ravaged the... Read More

Air bags and the economic recession have contributed to the biggest drop in road deaths in the United States since... Read More

Toyota Motor Corp. won a victory against a former company lawyer turned whistleblower as an arbitrator dismissed several claims and... Read More

Indianapolis, Ind.-based property loss adjusting and claims management services provider National Catastrophe Adjusters Inc. announced that it has acquired T.M.... Read More

Soft market conditions with unabated price competition and a slow economy with reduced payrolls continued to affect commercial liens including... Read More