News

After significant catastrophe losses in first quarter 2010, U.S. property/casualty insurers and global reinsurers are hoping their balance sheets don’t... Read More

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

The five-category system that describes a hurricane’s strength and the havoc its winds could bring to the U.S. has been... Read More

Transocean Ltd, owner of the Deepwater Horizon rig that exploded and sank last month killing 11 people, wants to limit... Read More

Workers aboard an exploding offshore drilling platform were told to sign statements denying they were hurt or witnessed the blast... Read More

A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of ‘B+’ (Good)... Read More

Companies linked to the massive Gulf of Mexico oil spill are facing a flood of lawsuits, as legal actions from... Read More

A.M. Best Co. has issued three separate bulletins announcing that it has removed a number of Berkshire Hathaway’s insurance companies... Read More

U.S. Transport Secretary Ray LaHood said he was encouraged by the steps Toyota Motor Corp. has put in place to... Read More

Oil major BP Plc said the oil spill in the Gulf of Mexico had cost it $350 million so far,... Read More