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Reacting to American International Group's agreement to sell its Asian life unit to Prudential, LLC for $35.5 billion, Moody's Investors Service affirmed ratings of two entities and Standard & Poor's placed one on ratings watch.

American International Group cut its fourth-quarter net loss by 86 percent over the same period in 2008, reporting it reduced its net loss by $54 billion.

A.M. Best Co. said concerns about Berkshire Hathaway Inc.'s plans to buy Burlington Northern Santa Fe railroad have led it to put the company's insurance subsidiaries' ratings under review.

FM Global's 1,600-acre research campus, staff of scientists, research engineers, and loss prevention studies tailored to specific industries and situations all come down to a client's one "a-ha" moment.

Allstate Floridian Insurance Group, which changed its name last week to Castle Key Group to "clarify" that it is separately capitalized from Allstate Insurance Company, has been downgraded by A.M. Best Co.

Insurers adopting a prefill program for policy data are finding great value, according to John E. Cantwell, assistant vice president - marketing at ISO.

American International Group's embattled chairman and chief executive officer, Edward M. Liddy, will step down as soon as replacements can be found, with the two leadership positions to be filled by separate individuals, the company announced last week.

Fitch Ratings announced it has dropped American International Group property-casualty subsidiaries' insurer financial strength a ratings notch based on the stress of its continuing financial problems.