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Richard Kerr, MarketScout founder and chief executive officer, said in a statement: "The impact of the financial collapse of name brand banks, insurers and other companies is pending. We may start see

He said that before the added capital injection, the Hartford had more than $1 billion in capital above the level needed to maintain its ratings, but decided that, "in this kind of environment, it is

The New York State Insurance Department said it upheld 993 consumer complaints against private passenger automobile insurance companies last year, and Berkshire Hathaway's GEICO brand accounted for 17

The Westlake Village, Calif., firm said the gap between the home and auto insurance sectors has steadily widened since 2004, with homeowners insurance customer satisfaction remaining essentially flat

The latest tally of insurer third-quarter hurricane losses saw RenaissanceRe Holdings Ltd. report a net negative impact of $275 million today and State Auto Financial Corporation putting its loss betw

PricewaterhouseCoopers LLP, American International Group's auditor when its price-fixing and accounting scandals erupted, has agreed to pay $97.5 million to settle claims by three Ohio state pension f