News

Transocean Ltd has resolved its spat with the Obama administration over the oil drilling company’s attempt to limit its liability... Read More

Massachusetts-based Insurance Recovery Group is launching a new division, Insurance Subrogation Group, that will provide subrogation services for commercial and... Read More

Standard & Poor’s Ratings Services has revised its outlook on Marsh & McLennan Cos. (MMC) to negative from stable. S&P... Read More

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

BP said the oil spill in the Gulf of Mexico had already cost it $1.6 billion and that it would... Read More

Johnson & Johnson executives were briefed on an outside contractor’s plan to buy up defective painkillers instead of issuing a... Read More

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

A.M. Best Co. has placed under review with positive implications the issuer credit rating (ICR) of “bbb-” and debt ratings... Read More

A.M. Best Co. has commented that the ratings of Chicago-based Old Republic International Corporation’s P/C, title and life operating subsidiaries... Read More

President Barack Obama will press BP executives this week to set up an escrow account to pay damage claims by... Read More