He said that before the added capital injection, the Hartford had more than $1 billion in capital above the level needed to maintain its ratings, but decided that, "in this kind of environment, it is

Multiline insurer the Hartford Insurance Group announced today it had given a stake in the firm to competitor Allianz AG for a $2.5 billion cash infusion and informed investors it will take a huge cha

WASHINGTON--After Senate Majority Leader Harry Reid's remarks that "a major insurer was on the verge of bankruptcy," an industry official stated categorically today "that there are no insurers...that are

WASHINGTON--American International Group has authority from the Federal Reserve Board to use the agency's credit facility to provide liquidity for its insurance operating subsidiaries, the Fed said Mon

Some insurance industry trade groups voiced grudging support for the extension, although they said they had hoped Congress would have completed work on legislation that would have extended the program

Keeping the customer satisfied is easier said than done in a soft market, but not if the client buys into a comprehensive loss control plan to keep the cost of risk under control, according to Roger

Participants in the excess and surplus lines market have been watching legal and regulatory developments in a number of states this year, including the three with the most E&S premium

Keeping the customer satisfied is easier said than done in a soft market, but not if the client buys into a comprehensive loss control plan to keep the cost of risk under control, according to Roger