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A new report by a federal-watchdog agency questions whether the U.S. government will be able to recover over the short termif everthe investment it has made in American International Group.
Peoria, Ill.-based specialty insurer RLI Corp. says fourth-quarter net income dropped 17.5 percent primarily on the increase in loss and settlement expenses and policy-acquisition costs.
Airline insurance claims dropped 66 percent below 2010s loss numbers, and pricing in the marketplace exhibited stability through the 2011-2012 renewal period, says insurance broker Aon.
Airline insurance claims dropped 66 percent below 2010s loss numbers, and pricing in the marketplace exhibited stability through the 2011-2012 renewal period, says insurance broker Aon.
Fitch Ratings has placed Old Republic International Corporation's (ORI) A insurer financial strength rating and BBB issuer default rating on Rating Watch Negative due to continued troubles at its mortgage-insurance subsidiary.
Symbility Solutions Inc., a subsidiary of Automated Benefits Corp., and Marshall & Swift/Boeckh, a subsidiary of Decision Insight Information Group, announce they have entered into an agreement under which Symbility will acquire MSBs claims division in exchange for the issuance to Decision Insight of 30 percent of Automated Benefits common...
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