Moody's Investors Service affirmed American International Group's (AIG) A3 long-term issuer rating and negative outlook, reflecting the rating agency's concerns about the possible end of government support for the insurer.

Flagstone Reinsurance Holdings, S.A. said its preliminary estimate of its exposure to last month's 7.1 magnitude earthquake in New Zealand is $52.5 million net of reinstatement premiums and retrocession.

Consumers reported high satisfaction levels with their auto insurance companies over the past year, viewing Allstate, State Farm and Geico as the most reputable auto insurance providers.

BP's announcement that it will form a new risk & safety unit reporting to the CEO is good news, backing risk managers so that safety measures are taken seriously, observes Caroline McDonald in her blog, at www.NoRiskZone.com.

Menegus brings more than 25 years of experience to E.L.M. as its new broker.

Crawford has more than 45 years of leading insurance companies through growth strategies.

Collins brings more than 30 years of industry experience to MarketPlus as its new director.

40 percent of public charities reported a drop in contributions.