News

The federal government's $6 billion cut in the crop insurance program last week received a strongly negative response from the association representing the insurers.

Chubb, FM Global and W.R. Berkley Corp. were the strongest financial performers over the last decade, according to a special report of U.S. property and casualty insurers by Fitch Ratings.

Florida domestic insurer Olympus Insurance Company has satisfied state regulators with a corrective action plan to rectify concerns about the company's solvency.

AIR Worldwide (AIR) has received certification of its 2010 U.S. Hurricane Model by the Florida Commission on Hurricane Loss Projection Methodology.

Donna M. Cunningham has been elected president of the Professional Insurance Agents of New Jersey Inc. (PIANJ), a producer trade association.

Weiss Research Inc. finds a number of large life and annuity insurers are in solid financial shape.