The company, which is currently not writing new home insurance business in the state, said it sought an increase from the State Office of Insurance Regulation to "cover the expected costs of loss and

The findings were reported by Independent Insurance Agents & Brokers of New York Inc. in their latest study of insurers' performance in a poll that drew responses from 261 agency principals who were i

Highline--a unit of Summit Business Media, the parent of National Underwriter--reported that Munich American Holding Group, as of the first quarter, had combined Fannie Mae and Freddie Mac investments

Boston-based Liberty Mutual Group and Safeco Corp. in Seattle, apparently reacting to negative rumors, announced last night that Liberty Mutual's plan to acquire Safeco for $6.2 billion remains on tra

Mr. Walsh said the acquisition was accomplished because "it is an opportune time to accelerate our option to purchase the remaining shares of Ascot to expand AIG's presence in the important Lloyd's ma

In the course of his suit, Mr. Aldridge's attorney's sought to obtain a report produced by McKinsey & Company, which reportedly advised the insurer to adopt a bare-knuckled strategy of handling claims

The property-casualty insurance industry is in strong financial condition, and it should be able to withstand the current drop in prices and a forecast decline in premium growth, according to a resear

J.D. Power said its study examined the purchase behaviors and overall satisfaction of buyers who shop for a new auto insurance company with three key factors measured to determine overall satisfaction