News

Ford Motor Co. said it was recalling more than 180,000 sport utility vehicles and vans in two separate recalls to... Read More

A new study by the Insurance Research Council (IRC) has found that medical expenses reported by auto injury claimants continue... Read More

The Progressive Corp. announced that Brian J. Passell, who has served as the Claims Group president for Progressive since 1999,... Read More

Quarterly profits at Marsh & McLennan dropped 62 percent, as fourth quarter and annual revenues rose 8 percent. The giant... Read More

While American International Group Inc. sought to downplay its miscalculation of losses on a derivatives portfolio as not “material to... Read More

A.M. Best Co. has assigned an issuer credit rating (ICR) of “bbb-” to Darwin Professional Underwriters, Inc. (DPUI) of Wilmington,... Read More

American International Group Inc. may be quite sanguine about its financial outlook (See related article), but Standard & Poor’s Ratings... Read More

High-net-worth Americans with investment assets in excess of $1 million believe having money brings overall peace of mind, yet these... Read More

Singer Tom Jones denied a report he bought a $6.8 million insurance policy for his chest hair. The British tabloid,... Read More

The insurer’s auditing probe is a result of judgments on data that could not be modeled, says Jim Cramer of... Read More