News

Bank-owned insurance broker BB&T made its second acquisition in less than two weeks, entering the metro-Baltimore market for the first time by acquiring Atlantic Risk Management Corp. of Columbia, Md.

Standard & Poor's Ratings Services says it is placing the AA-plus financial strength rating of Assured Guaranty Municipal Corp. and the AA rating Assured Guaranty Re Ltd. on CreditWatch with negative implications, prompting an objection to S&Ps new rating criteria by the financial-guaranty insurer.

More publicly traded companies increased their directors and officers liability-insurance limits through the third quarter of this year compared to the past four years, a trend driven by the soft market and increased regulatory scrutiny, according to a report from insurance broker Marsh.

Having one of the highest employee-to-client ratios in the insurance industryone servicer for every two accountsmeans KMRD Partners, a winner of NU/AA&Bs 2011 Commercial Agency Awards for Excellence, can provide exceptional attention to every piece of business.

An added financial burden from natural disasters is being placed on U.S. taxpayers because of government intervention in the insurance market, according to a report released by Lloyd's of London.

An added financial burden from natural disasters is being placed on U.S. taxpayers because of government intervention in the insurance market, according to a report released by Lloyd's of London.