News

Saying he believes that immediate assistance is needed for those living near coastal areas who are grappling with skyrocketing property... Read More

Merck & Co. said last Friday it will pay $4.85 billion to end thousands of lawsuits over its painkiller Vioxx... Read More

The Marsh & McLennan Companies, or MMC, has seen its once dominant position atop the brokerage world assailed by changing... Read More

Standard & Poor’s Ratings Services has placed its ‘BBB’/’A-2’ counterparty credit rating on Marsh & McLennan Cos. (MMC) on CreditWatch... Read More

The nation’s reinsurance industry is criticizing Congressional natural disaster legislation as raising false hopes about addressing the homeowners insurance market... Read More

Citigroup Inc., former CEO Charles Prince and other executives were sued in federal court this week over losses related to... Read More

Sean McGovern, Lloyd’s Director and General Counsel, accused the opponents of reforming the U.S. collateral trust rules on reinsurance of... Read More

In the third quarter for Marsh & McLennan Companies, Inc. (MMC), overall profits were up largely thanks to the sale... Read More

Troubled residential mortgage and credit markets hurt American International Group Inc.’s third-quarter profit. Net income fell 27 percent compared to... Read More

AmCOMP Assurance Corporation and AmCOMP Preferred Insurance Company have each earned a Financial Stability Rating® (FSR) of ‘A,’ Exceptional, from... Read More