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WILMINGTON, Del.—Financially ailing auto parts manufacturer Visteon Corp. has proposed jettisoning underfunded pension plans as part of its pla
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NEW YORK—American International Group Inc. asked a federal judge to dismiss a case brought against it by a Canadian real estate investment firm
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A.M. Best Co. has upgraded the financial strength rating to A (Excellent) from A- (Excellent) and issuer credit rating to “a” from “a-” of Co-Operati
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Hawaii insurance regulators closed a former workers' compensation insurance company after paying 100% of all claims, eight years after taking control
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A.M. Best Co. has downgraded the issuer credit rating (ICR) to “bbb” from “bbb+” and affirmed the financial strength rating of B++ (Good) of Bremen F
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Herbert Kurz, the former chairman and chief executive officer of Presidential Life Corp., wants to remove the company's board of directors and replac
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Towers Perrin is predicting tort costs in the United States will have increased 3% in 2009 and will rise an additional 4% in 2010 and 6% in 2011.
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The U.S. Senate Majority Leader Harry Reid hasn't backed down from threats to push for a vote on health care reform on Christmas Eve night. But despi
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