American International Group posted a net loss of $7.8 billion for the first quarter of this year, citing the weak economic climate.The New York-based insurer ...

ORLANDO, Fla.--The depressed economy has good news and bad news for workers' compensation insurers, the chief executive officer of the National Council on Compensation Insurance said today at the group

ORLANDO, Fla.--The National Council on Compensation Insurance (NCCI) announced today that the workers' compensation insurance market squeaked out another profitable year with a calendar-year combined r

The United Kingdom's Financial Services Authority said today that it reviewed 17 insurance comparison Web sites and found that, although they are all appropriately authorized, there was mixed evidence

Loss in investment income during the first quarter translated into a 20 percent drop in net income for Munich, Germany-based insurer Munich Re Group, but the company's chief financial officer said the

Previously, Mr. Stolle held senior financial management positions at Black & Veatch Corporation. He has 30 year's of executive-level experience, holding senior finance positions at Seaboard Farms and

The St. Paul, Minn.-based insurer reported last month that its first-quarter net income fell 11 percent, or $123 million, to $967 million, or $1.54 a share, hurt by a 12 percent drop in investment inc

The company reported last month that its first-quarter net income dropped $41 million to $142 million, which translated into net income per share of $1.57, down 14 cents a share from the comparative p