News

The government rescue of insurer American International Group Inc was necessary, in contrast to Lehman Brothers, because the insurer has... Read More

Following Ike’s march through Texas, S&P noted that the preliminary estimates of insured losses “vary from $6 billion to $18... Read More

A.M. Best Co. has made an announcement concerning its financial strength ratings (FSRs) and its issuer credit ratings (ICRs) on... Read More

In a disaster such as an earthquake or terrorist attack, nearly two-thirds of U.S. parents would disregard orders to evacuate... Read More

Standard & Poor’s Ratings Services has placed its ratings on American International Group Inc. – currently ‘AA-‘ /A-1+ – and... Read More

Independent insurance agents want their property/casualty insurance carriers to provide quality claims service above all else, according to an exclusive... Read More

Assurant Specialty Property and National ID Recovery (NIDR) have launched a Red Flag ID fraud detection, notification and protection program... Read More

Insurer American International Group Inc., working to stave off rating downgrades [See related article] and shore up the capital of... Read More

A court settlement described as “absurd and disturbing” would give Canadians owning homes contaminated with asbestos-containing Zonolite insulation virtually nothing,... Read More

The U.S. government wasted millions of dollars on four no-bid contracts it handed out for Hurricane Katrina work, including paying... Read More