Towers Perrin said the fall of comes because insurers have been hit by equity and credit-related losses on asset portfolios, hurricane catastrophe losses and a spike in directors and officers liabilit

The general insurance industry has experienced limited impact from the credit crisis because of its limited exposure to subprime investments, and few carriers have received negative rating actions, a

Led by newly-appointed Chief Executive Officer Colin Thompson, formerly at Axis Specialty, Argo Financial will underwrite a range of financial products through Heritage Underwriting Agency Limited, wh

Ever since Uncle Sam tossed American International Group a life preserver after the company nearly drowned our economy in reckless credit default swaps, Congress and ...

Greenwich, Conn.--based insurer W. R. Berkley Corporation said after-tax storm losses would amount to $41 million from Hurricanes Ike, Gustav and Dolly, and wind and hail events in the Midwest. The los

A total of 189 independent insurance agencies from around the country kept their status this year as a Best Practice Agency, the designation conferred by a consulting firm and the Independent Insuranc

Titled "Risk Management Strategies in an Unsettled Financial Market, Part Four: The Analyst's Perspective," the webinar panelists include Stefan Holzberger, assistant vice president at A.M. Best Co.;

"After conducting a comprehensive search, I am delighted that our board has selected David," Mr. Callen said. "David is a strong leader who has had the opportunity to review and manage Ambac's insured