News

First-quarter 2009 earnings for State Auto Financial Corporation (STFC) will include "larger than normal" catastrophe losses of between $38 million and $42 million, due to Jan. and Feb. storm

Loss-battered Swiss Re said shareholders at the company's annual meeting today voted approval for financial arrangements the company has made to secure a CHF 3 billion ($2.5 billion) lifeline from

WASHINGTON--Treasury Secretary Tim Geithner said yesterday that the Obama administration plans to outline a set of "relatively concrete" proposals on financial regulatory reform before March 26 when

WASHINGTON--Climate change is a critical issue to insurance regulators because insurers and consumers "will be among the first to feel the effects" of it, Wisconsin Insurance Commissioner Sean Dilweg

WASHINGTON--Agencies seeking to survive in the future will need to develop a culture aimed at being more than a business selling a commodity, and the key is customer treatment, according to an agency

The announcement Friday from S&P's London office cited improved non-life fundamentals and balance sheet resilience as reasons for the upgrade of insurer financial strength ratings of core operating