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It is a cartoon cliché: a character triumphs against the odds only to have its celebrations curtailed by a piano falling on its head. But the experie
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Property and casualty insurer ACE Ltd. said Monday its second-quarter profit fell 28 percent on a decline in sales of insurance policies and reduced
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A.M. Best Co. has commented that the financial strength rating (FSR) of A- (Excellent) and issuer credit rating (ICR) of “a-” of XL Re Life America I
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The first six months of 2009 have seen heavy insured losses from severe weather, according reinsurer Munich Re.
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One of the deadliest earthquakes in modern times struck Tangshen, China 33 years ago today. The magnitude 7.6 earthquake, with an epicenter approxima
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After Rep. Barney Frank, chairman of the House Financial Services Committee, delivered an hour-long update on his views and intentions concerning the
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Five Safeco subsidiaries have been fined $434,000 by the Connecticut Insurance Department after the companies were found to be using unlicensed agent
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This year may be a moderate one thus far in terms of insured losses worldwide -- at least when compared with last year -- but the next quarter is key
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