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A.M. Best has downgraded the financial strength rating to B+ (Good) from B++ (Good) and the issuer credit rating to “bbb-” from “bbb” of Saudi United
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In 2014, the volume of surplus notes issued reached a peak of 160 notes totaling $5.7 billion, and as of year-end 2014, there were 526 insurance carr
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An overabundance of capacity amid low interest rates and relatively benign catastrophe losses has created a challenging operating environment for glo
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Companies' health care costs in 2015 rose at the lowest rate in at least 20 years, a report out Thursday shows, but workers' share of costs continue
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Federal prosecutors in Indiana have indicted 36 people in an insurance fraud scheme alleging they staged car crashes and filed false insurance claims
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Canadian Pacific on Nov. 11 said a broken rail caused a weekend freight train derailment in Wisconsin that resulted in an oil spill and a precautiona
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The Westfield Insurance Foundation is creating the James R. Clay Scholarship to honor its outgoing chairman and CEO. The Ohio Farmers Insurance Co. (
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Joe O’Connor has joined Texas-based Southwest Risk LP as senior vice president, broker and underwriter with a primary focus on developing new M
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