News

Washington--This week's failure of the Senate Republican leadership to surmount a parliamentary hurdle on asbestos trust fund legislation means that the most realistic hope for reform lies in legislati

Alexandria, Va.--Three former General Reinsurance executives and one formerly with American International Group pleaded innocent in federal court today to charges they helped AIG improperly bolster ea

With private passenger automobile liability and physical damage lines accounting for more than 60 percent of net written premium for the sector, the personal lines segment's strong profitability has b

With private passenger automobile liability and physical damage lines accounting for more than 60 percent of net written premium for the sector, the personal lines segment's strong profitability has b

Specialty lines insurer James River Group Inc. today reported more than $12 million profit for the fourth quarter of 2005--despite $12.1 million after-tax costs for Hurricane Katrina--and said it is cha

Bank of America property-casualty analyst Brian Meredith said that while top line and year-over-year PIF growth in personal lines "continued to be challenged by competitive conditions, underlying marg