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The action made public Monday changes the financial strength rating of Tower Hill Prime Insurance Company and Tower Hill Preferred Insurance Company, each downgraded from "A-minus" to "B." Omega Insur

A property-casualty trade association has called the National Association of Insurance Commissioners president's praise for a proposed new solvency rule for the European insurance market as fuel for t

And the study also found that agencies have changed compensation packages and their recruitment and training strategies to reflect a trend toward staff-driven, organic growth to expand their operation

While that ROE figure was noteworthy for the insurance industry, the historic losses of $58 billion--the largest industry losses since the San Francisco earthquake of 1906--have proven to be a sobering

Eagle Investment Systems and Patni Computer Systems have entered into a strategic alliance in which the two organizations will leverage their technology and capabilities to offer their services to

In addition to GE Insurance Solutions, Mayor Bloomberg wrote last week to St. Paul Travelers, Employers Insurance of Wausau, Zurich American Insurance Company, Royal & Sun Alliance USA and Allianz