Reinsurance

WASHINGTON--Property-casualty insurers are getting rich by "methodically overcharging consumers," reducing coverage, underpaying claims and having taxpayers pay some of the tab for risks insurers shoul

NEW YORK--Property-casualty industry leaders are generally pessimistic about the year ahead, expecting a deepening soft market and deteriorating profitability, with even a mild recession making it that

A former General Reinsurance senior vice president who confessed to a role in a plot to manipulate American International Group financial statements will be one of the first prosecution witnesses in t

A former General Reinsurance senior vice president who confessed to a role in a plot to manipulate American International Group financial statements will be one of the first prosecution witnesses in t

Dutch financial services conglomerate ING said it is selling its reinsurance unit, NRG N.V., to Berkshire Hathaway for approximately 300 million euros--about $433 million at current exchange rates, whi

WASHINGTON--Insurers, agents and policyholders voiced appreciation after Congress gave final approval yesterday to legislation providing a long-term extension of federal reinsurance coverage for catast