News

Overall, Bank of America property-casualty analyst Brian Meredith called the carrier's $1.1 billion after-tax negative reserve development, along with its $1.64 billion settlement with state and

In a brief statement, AIG did not go into why it is terminating the relationship, but merely said that all business formerly underwritten by Starr Tech on its behalf will be managed by New York-based

Agency Specialty Product Network (ASPN), a subsidiary of Aon Corp., said it has joined with BISYS/Tri-City Brokerage and BISYS Commercial Insurance Services Inc. to provide independent agents and brok

Close to two years after New Jersey enacted a sweeping personal auto insurance reform program, an industry group said the state's market is showing signs of a healthy recovery, but additional measures

Like downgrades announced yesterday by A.M. Best (to "B-double-plus") and earlier this morning by Standard & Poor's (to "triple-B-plus"), the cut came in the wake of PXRE's announcement yesterday that

Mr. McCarty said the Office of Insurance Regulation originally disapproved the profit factor in the company's application for a rate increase. But that increase was then approved with the proviso that