News

A.M. Best Co. said Employers Direct Insurance Company (EDIC), a California-based specialty workers' compensation carrier recently acquired by Alleghany Corp., has been given a financial strength ratin

Liberty said Dwight W. Bowie, president and chief executive officer of its Peerless Insurance unit, has been named to lead the transition of Ohio Casualty Corporation to Liberty Mutual Agency Markets

The company discussed its investment exposure to the subprime market during an earnings call last week. Management said that highly rated and higher-quality holders would help the company minimize any

The company discussed its investment exposure to the subprime market during an earnings call last week. Management said that highly rated and higher-quality holders would help the company minimize any

Regulatory reforms of workers' compensation systems in several large states have driven down losses for insurers and cut premiums for risk managers, while improved loss control and safety initiatives

There is "no compelling evidence" that the use of credit scoring discriminates against minorities, the Federal Reserve Board says in a new report--cited by insurers as further evidence their use of