News

Tort reforms are the best proven instrument for reducing medical liability insurance premium growth, according to a new study conducted... Read More

A.M. Best Co. announced that it has affirmed the financial strength rating of “A+” (Superior) and the issuer credit rating... Read More

The country may not need a natural catastrophe backup fund like it has for terrorism exposures, provided government allows insurers... Read More

A.M. Best Co. announced that it has upgraded the financial strength rating to “A-” (Excellent) from “B++” (Very Good) of... Read More

One more director of Beacon Mutual Insurance Co. has resigned, while two others targeted for removal by Rhode Island Gov.... Read More

In its first quarter 2006 financial report, Marsh & McLennan Companies, Inc., parent company of insurance broker Marsh, cited a... Read More

Erie Indemnity Company in Erie, Pa., reported a 14.4 percent drop in net income to $49.5 million for the first... Read More

The owner of a Houston, Texas-based medical company has pleaded guilty to a charge stemming from an investigation of $3.3... Read More

Hurricanes Katrina and Rita destroyed 113 petroleum production platforms in the Gulf of Mexico, a federal agency overseeing offshore drilling... Read More

An Airbus A320 plunged into the Black Sea at around 2:15 a.m. local time, while attempting to land at the... Read More