The companies are Aioi Insurance Co., Ltd., rating raised to "A-plus" from "A;" Fuji Fire & Marine Insurance Co., rating raised to "A-minus" from "triple-B-plus;" and Kyoei Fire & Marine Insurance Co.

The state's legislature gave final approval to a measure that, according to the American Insurance Association, will permit the insurance commissioner to authorize a surcharge on property insurance po

What are the ramifications of settling claims based on a "moral" obligation, as some industry critics suggest should have been the case with water-related Hurricane Katrina claims? That's the

Fiserv, Inc., a leading provider of information technology services to the financial industry, has acquired NetEconomy, a financial crime management and compliance solutions provider to financial

The "mix and match" concept came up here at the spring meeting of the National Association of Insurance Commissioners, Kansas City, Mo., when participants were talking about ways to encourage

WASHINGTON--Legislation to bar insurers and other companies from deducting legal settlement costs from their taxes would increase "the current, anticompetitive legal cost burden facing U.S. manufacture

The New York-based professional services firm reported fourth quarter net income increased $191 million, from $35 to $226 million. That translated into a net income per share increase of 34 cents, goi

Jerry Hagins, a spokesman for the state insurance department, said the Allstate subsidiary in 2004 had filed for "a 1 percent rate decrease, but we didn't feel that was adequate." He said the departm