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The Securities and Exchange Commission said it will begin the process of returning $800 million to investors harmed by American International Group Inc.'s failure to properly report earnings over a fo

Richard Kerr, founder and chief executive officer of the Dallas-based concern said in a statement that admitted insurers "continue to carve market share from the surplus lines insurers by assuming ris

Revenue from international operations grew to $107 million compared to $84 million during from the same period last year. The weak dollar resulted in a benefit for the firm, and without it revenues in

He said that much of that growth was due to the strength of international currencies against the dollar, but he noted that the company now insures 4.2 million autos outside the United States. Mr. Kel

The Washington-based Reinsurance Association of America announced that John F. Rathgeber was elected board chairman during the organization's annual meeting that concluded Friday at Kiawah Island, S.C

Charlotte, N.C.-based wholesale broker AmWINS Group Inc. said it has acquired Beacon Risk Strategies, a Seattle-based managing general underwriter of excess-loss benefits insurance. Transaction terms