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USI Insurance Services says it has acquired certain assets of BBVA Compass Insurance Agency Inc. that generates close to $27 million in revenue.

Taking advantage of the precarious position of guaranty insurers, Goldman Sachs appears to be aiming at entering that marketplace on the heels of acquiring Ariel Reinsurance earlier this month.

Taking advantage of the precarious position of guaranty insurers, Goldman Sachs appears to be aiming at entering that marketplace on the heels of acquiring Ariel Reinsurance earlier this month.

Hamilton, Bermuda-based insurer Arch Capital Group Ltd. says it will acquire Ariel Res Credit & Surety reinsurance operations based in Zurich, Switzerland.

New York bank-holding company Goldman Sachs will acquire Ariel Reinsurances Bermuda-based insurance and reinsurance operations, the companies announced.

New York bank-holding company Goldman Sachs will acquire Ariel Reinsurances Bermuda-based insurance and reinsurance operations, the companies announced.

The insurance industry is now definitively in a hardening market, according to W.R. Berkley CEO William R. Berkley.

Allstate Insurance Co. has filed another lawsuit in New York State Supreme Court seeking to recover investment losses on residential mortgage-backed securities.