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S&P said it took the action following the close of Liberty Mutual's $6.2 billion acquisition of Safeco. The rating agency cited Liberty Mutual's "diminished financial flexibility, below-rating-level e

Bob Cornelius, Innovation Auto's vice [resident] of network strategy, said, "Not only does Gerber meet our high standards, but they have demonstrated that they are extremely easy to work with. This c

A spokesperson for Maurice Greenberg said yesterday that the former American International Group chief executive would not discuss his plans to sell some AIG stock holdings in the financially troubl

With AIG in the spotlight and sharks smelling blood in the water, the pressure is on to reassure nervous buyers that the troubled conglomerate's insurance carriers are sound, safe and secure, says NU

The company said the reinsurance applies to its real estate portfolio, as well as policies having limits of $250 million or greater, policies with home/foreign exposure, and the property sections of m

Participants in the virtual conference "Facing the Future of Insurance," sponsored by Tech Decisions and its sister publications Claims and National Underwriter P/C, were treated to a discussion of