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Liberty Mutual Group said it is delaying its initial public offering of stock in Liberty Mutual Agency Corp. because the company believes it won't get the right price for the business.
For the ninth-consecutive year, National Underwriter has named a "Commercial Insurance Agency of the Year," along with winners in four additional categories.
Swiss Re unveiled a new leadership structure, including a new chief risk officer and chief operating officer, designed to strengthen the company's core capabilities and market presence.
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.
With the complexities involved in regulating insurance at the state level, National Underwriter Associate Editor Mark Ruquet said in a recent column that the regulatory system
The lack of certainty in regulation is one of the biggest challenges facing the global insurance and reinsurance industries, Lloyd's Chief Executive Richard Ward warned here.
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