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Standard & Poor's said today the "triple-A" ratings of the financial guaranty subsidiaries of Berkshire Hathaway Inc. would not be affected by the company's decision to get involved in the municipal b
The demand for terrorism insurance by companies in the Middle East and North Africa remains low despite a high number of terrorist attacks in the area and a market that is better-equipped to deal with
The demand for terrorism insurance by companies in the Middle East and North Africa remains low despite a high number of terrorist attacks in the area and a market that is better-equipped to deal with
Troubled bond insurer MBIA Insurance Corp. got more positive news today when a second rating service said it was confirming the carrier's triple-A financial strength rating in light of its moves to im
A jury in Napa, Calif. has awarded Marin School Insurance Authority $4.66 million stemming from a lawsuit against third party claims administrator, ESIS, Inc., a unit of ACE USA, for sloppy claims han
Soft market challenges, the underperformance of an acquisition and a higher than anticipated tax rate were responsible for the 48 percent drop in net income Hilb Rogal & Hobbs Company reported in its
Blue Frog Solutions, Inc., a provider of life and annuity order management and compliance solutions, introduced BlueSource, an infrastructure that helps its partners manage, publish, route, and
The defendants and their families showed no reaction as the jury read the verdict in U.S. District Court here. The five were convicted of sixteen counts arising from a conspiracy to create a sham
Standard & Poor's yesterday affirmed the "triple-A" financial strength ratings of major bond insurers MBIA Insurance Corp and Ambac Assurance Corp., sending their stocks and the rest of the market on
However, Samuel Miller, executive vice president of the Florida Insurance Council, noted that State Farm's decision to stop writing new business should not be confused with a withdrawal from the marke
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