His statement came in the wake increasing bad news for three bond insurers last week. Fitch Ratings issued a financial strength downgrade of Ambac Assurance to "double-A" from "triple-A." Prior to tha

During a conference call today after release of the company's financial report, Michael Callen, chairman and interim chief executive officer, said the company is working to shore up its capital positi

Among the attorneys announced as making the move are Lawrence Kill, a partner and co-chair of its antitrust/unfair competition group, and Jeffrey L. Glatzer, the firm-wide president and chief executiv

Aon Limited said Robert Brown has been named chief executive officer of the brokerage's corporate division. Aon Corporate includes the company's commercial insurance (targeting midsized and large Unit

The American Insurance Association, in a statement praising the Bush administration, said remarks by officials that they will continue to pursue free trade agreements this year are "encouraging" becau

Mr. Crouse has been a nationally recognized leader in insurance regulation for more than 30 years and has been credited with being a key figure in advancing the captive insurance industry both nationa

The company has not yet reported its fourth-quarter earnings. For the third quarter the firm reported net income rose 92 percent, or $98 million, to $204 million compared with the same period in 2006

"We think it would be unwise to view end-of-year aggressiveness as the beginning of a property insurance freefall," the report said. "Instead, we believe that we are in the midst of a necessary correc