News

U.S. reinsurers took a beating in the past year, evidenced by a $6.9 billion drop in their overall level of surplus.

AIG, its former Chairman and CEO Maurice R. Greenberg and its former CFO Howard I. Smith announced last week that they have jointly agreed on terms for binding arbitration of various legal disputes.

The Chubb Corp. declared a regular quarterly dividend of 35-cents per share.

Texting while driving should have the same stigma--and penalties--as drunk drivers face because the result could be just as tragic, says American Agent & Broker Editor Laura Toops in her blog today at http://bit.ly/qXdte.

President Obama should set a trigger on creation of a public plan to give insurers the opportunity to put up or shut up on providing affordable coverage for all, says NU Editor In Chief Sam Friedman in his blog at www.NUSamSoapBox.com.

Progressive's new distribution leader shares what the insurer is doing to help its 30,000 independent agents compete in an interview with American Agent & Broker Editor Laura Toops at http://bit.ly/2Cxqu2.