Mr. Spitzer, after reports of his being a regular customer of a prostitution service, said today that he will step down Monday and be replaced by Lt. Gov. David Paterson, New York's first black govern

With the $1 billion addition, Lexington said its total noncatastrophe property capacity has now been raised to $1.5 billion. The company added that the additional capacity will cover North American-ba

An investment analyst said homeowner insurers should benefit from the drop in new home construction by lowering the cost for building replacement homes, but the economic slowdown could increase losses

Reinsurance brokerage Guy Carpenter & Company, the leading global risk and reinsurance specialist, announced today it was issuing recommendations on how to succeed in the insurance market as prices d

San Mateo, Calif.-based Edgewood Partners Insurance Center (EPIC) said it has acquired Kelley & Swain Inc., a privately held Sacramento, Calif.-based provider of employee benefits programs. Financial

Boston-based AIR Worldwide, a subsidiary of Jersey City, N.J.-based Insurance Services Offices Inc., said Windstorm Johanna, which was buffeting the United Kingdom and France this week, is expected to

A $1.8 million lawsuit by Fireman's Fund Insurance against Robert DeNiro, that alleged the actor concealed a health problem delaying a film production insured by the carrier, was tossed out of court y

Auto insurer Progressive continued to show declining results as it reported its combined ratio deteriorated by more than five points for the month of February and net income dropped 51 percent over th