News

Moody's Investors Service has affirmed the ratings of Liberty Mutual Group Inc. and its subsidiaries following the completion of the company's $6.2 billion acquisition of Safeco Corporation. The ratin

WASHINGTON--Congress is likely to extend the current National Flood Insurance Program without changes until next April 30 before it leaves at week's end, according to insurance industry lobbyists and a

WASHINGTON--The Securities and Exchange Commission is investigating insurers, as well as other financial institutions and rating agencies, for their role in securitizing subprime loans, SEC Chairman Ch

WASHINGTON--American International Group's new Chief Executive Edward Liddy told insurance regulators today that the company's insurance units are sound and some may be sold off to satisfy the governme

Brian Gray, chief underwriting officer of Swiss Re, offered the assessment of the market as the reinsurer announced its expected losses from Hurricanes Gustav and Ike. "The combination of this year's

"Oracle Insurance helps insurers improve business agility through an end-to-end software offering that manages the entire enterprise--from technical infrastructure to core insurance processing," the co