A.M. Best Co. said Paris-based SCOR and subsidiaries have been helped by the firm's acquisition of reinsurer Converium and the SCOR financial strength rating of A minus (Excellent) and the issuer cred

American International Group's restructured loan frees the firm from terms in its original bailout that were "strangling the company," while the new deal "should buy AIG some time" to sell off assets

Obama's likely appointment of more plaintiff-friendly judges might hike

News about AIG again dominated the headlines, as the carrier renegotiated its federal bailout loan, reported a third-quarter loss of $24.5 billion and denied that its property-casualty carriers are

Is the soft market nearing its end as price decreases begin to show signs of moderation and the country's financial turmoil starts to take a toll on insurance company earnings? Industry officials are

WASHINGTON--Hartford Insurance Group announced it plans to acquire a Central Florida thrift, and simultaneously applied for a thrift charter and federal aid under the government's capital purchase prog

The company explained that approximately $500 million in earned but deferred pay will be distributed in the first quarter of 2009, which is pay that individuals earned but volunteered to defer receivi

California prosecutors are considering action to secure legislation making it a criminal offense for an employer to ask or coerce an employee to avoid filing a claim with the workers' compensation sys