News

Standard & Poor’s Ratings Services said today that its ratings on American International Group (AIG; A-/Negative/A-1) and AIG’s insurance subsidiaries... Read More

A.M. Best Co. has placed under review with negative implications the financial strength rating of ‘A-‘ (Excellent) and issuer credit... Read More

Weather-related claims of nearly $440 million dragged down profits by 9 percent at Travelers, which reported second quarter net income... Read More

The $20 billion fund set up to help compensate victims of BP Plc’s devastating Gulf of Mexico spill does not... Read More

Big oil companies including Exxon Mobil Corp. and Royal Dutch Shell will spend $1 billion to develop a new oil... Read More

A.M. Best Co. has issued two bulletins following the announcement that the Donegal Group has entered into an agreement to... Read More

Private weather forecaster WSI Corp cut its forecast for named storms in the 2010 Atlantic hurricane season on Tuesday, but... Read More

A U.S. grand jury has ordered Toyota Motor Corp. to turn over documents related to problems with rods that connect... Read More

Shareholders angry about BP Plc’s battered stock price are heading to the courthouse in hopes of reclaiming some of their... Read More

BP faces at least 307 U.S. lawsuits arising from its role in the Gulf of Mexico oil spill, considered by... Read More