Texas Insurance Commissioner Eleanor Kitzman is seeking an outside firm to look into restructuring what she calls an unsustainable last-resort insurer.

China agreeing to open up its mandatory third-party liability motor vehicle insurance market to foreign insurance companies is credit positive for those insurers, says Moodys.

China agreeing to open up its mandatory third-party liability motor vehicle insurance market to foreign insurance companies is credit positive for those insurers, says Moodys.

If Hartford Financial were to split in two the outcome would have positive credit implications for the property and casualty (P&C) insurance group and negative credit implications for the life insurance group. The main reason for the difference, according to Moodys Weekly Credit Outlook is that the life group depends...