Lockton, in its Fall 2008 Market Update, said as carriers enter the year end they face "ominous" circumstances, and it is "certain" that the industry combined ratio, which was at 102.2 in the first ha

While no insured loss estimates have been reported, according to the latest information from the California Department of Forestry and Fire Protection as of Monday morning, the three fires have damage

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