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The firm, which also provides commercial, home and car insurance, said after Sept. 14 when extra tropical cyclone activity linked up with the remnants of Hurricane Ike and tore through Ohio and Kentuc

In a statement, Munich Chief Financial Officer J?rg Schneider said, "The 2008 financial year is proving difficult on account of the financial crisis, but the Munich Re Group is acquitting itself well

WASHINGTON--The Independent Insurance Agents and Brokers of America said today it spent more than $1 million on federal-level candidates in Tuesday's election, and 92 percent of them won their contests

WASHINGTON--The Independent Insurance Agents and Brokers of America said today it spent more than $1 million on federal-level candidates in Tuesday's election, and 92 percent of them won their contests

The firm said it also lowered the long-term counterparty credit rating on GMAC's mortgage finance subsidiary, Residential Capital LLC, to "CCC-minus" from "CCC-plus," and said both parent and subsidia

NAIC President-elect and New Hampshire Commissioner Roger Sevigny confirmed that the NAIC's Internal Administration (Ex 1) subcommittee approved the budget. The budget still must be approved by the NA