News

A.M. Best Co. has downgraded the financial strength rating (FSR) to “B+” (Good) from “A-” (Excellent) and issuer credit rating... Read More

Bank of America Corp. said it is exploring the possibilities of selling its insurance brokerage business, Banc of America Corporate... Read More

Fitch Ratings has affirmed the “AA-” insurer financial strength (IFS) rating of the American Family Insurance Group, and has also... Read More

A proposed settlement of a class action lawsuit against an insurance company for tens of millions of dollars in illegal... Read More

Standard & Poor’s Ratings Services has assigned its ‘BB+’ senior secured debt rating to the $90 million series 1 class... Read More

Seguros ING S.A. de C.V., the Mexican insurance subsidiary of The Netherlands’ ING Group has received official notification from a... Read More

A.M. Best Co. has assigned a rating of “bbb” to the $1.5 billion subordinated trust preferred securities issued by Zurich... Read More

Allstate Corp. CEO Thomas Wilson said at the insurer’s annual meeting this week that the company’s shift away from catastrophe-prone... Read More

Idaho has passed several laws this legislative session that have been signed into law and will take effect July 1.... Read More

A Harlem vagrant ravaged by a lifetime of hard drinking testified this week that he was clueless about a purported... Read More