"It has become clear that MBIA and the other members of AFGI no longer share a common vision for the industry," Jay Brown, chairman and chief executive officer of the Armonk, N.Y.-based carrier, said

A New York appeals court granted Maurice "Hank" Greenberg permission to review documents that American International Group says he should not be allowed to see, to protect its attorney-client privileg

The Northbrook, Ill.-based carrier said it will be contacting customers about reinstating wind and hail coverage that was removed when insureds switched companies in the state. It will also pay the de

Montpelier Re Holdings Ltd. said it expects to book between $30 million and $40 million in net losses for large individual risks in the first quarter of 2008, reflecting an industry loss of about $2 b

The St. Paul, Minn.-based insurer said the U.S. Court of Appeals for the Second Circuit sitting in New York has vacated the March 2006 decision of the U.S. District Court for the Southern District of

With every new problem in the world that emerges, there seems to be some enterprising insurers that follow--willing to put up capital and write policies to take on that developing risk. One could

Soft market pressures made it challenging for the world's four largest insurance brokers to post profits for fourth-quarter 2007, with the quartete all reporting little organic growth and drops in

New Jersey's top auto insurer is dropping its rates for the second year in a row, bucking a trend among some of the largest carriers who have requested premium increases or taken no action, according