The New York-based rating service said it does not consider the verdict a liquidity issue for the firm. S&P said USI, as of March 31, has about $29 million in cash on hand and an additional $74 millio

The New York-based rating service said it does not consider the verdict a liquidity issue for the firm. S&P said USI, as of March 31, has about $29 million in cash on hand and an additional $74 millio

The Weather Risk Management Association (WRMA), an international trade organization of the weather risk management industry, said its annual survey, performed by PricewaterhouseCoopers, found weather

"Since reaching this decision [to go into runoff], Mark Ricciardelli has done an excellent job of leading the restructuring and repositioning of the organization from a going concern into runoff," sai

Rating agencies said Willis insurance brokerage's withdrawal of its $300 million bond offering would have no effect on the company's rating.Yesterday, Willis in London said ...

Patni Computer Systems, a global IT services provider, has formed a strategic alliance with Clear Technology, Inc., a software solutions company serving the insurance, financial services, and

Perhaps the most vocal critic of insurers was Rep. Gene Taylor, D-Miss., whose questioning of insurer trade group representatives was particularly sharp for American Insurance Association President

As part of a settlement with the New York Attorney General's Office two major title insurance companies have applied for and received approval to reduce their rates by 15 percent, and four other title