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Pay-As-You-Drive-Insurance (PAYD) is a great idea that has proven difficult to implement in the United States. PAYD is vehicle insurance where premiu
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U.K.-based financial services provider Legal & General Group plc's first-half after-tax loss widened on volatile market conditions leading to investm
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A.M. Best Co. has affirmed the financial strength rating of B+ (Good) and the issuer credit rating of “bbb-” of Inter-Industry Insurance Company Limi
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Due largely to a 27% drop in net investment income, Selective Insurance Group Inc. reported net income of $15.7 million, down about 45% compared with
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Bermuda insurer and reinsurer Max Capital Group Ltd. posted a drop in second quarter earnings, but is optimistic about the future.
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