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Progressive, Travelers Cos. and Chubb have collectively decreased their holdings of municipal bonds by $2.37 billion.
The sale of part of its U.S. operations raised almost $1 billion less than the company had hoped for.
Axa is taking its U.S. business public at a tough time for the industry.
Buffett said he's fine with writing some cyber policies, but doesn't want to be among the top three in the industry.
Insurers linked to some of Wall Street's biggest firms have run into trouble over unhappy customers.
The $500 billion reinsurance industry is experiencing a flurry of deal talks.
