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AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a” to 1842 Insurance Company (1842) (Bel A
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Allstate Corp. said it will sell Allstate Life Insurance Co. to entities managed by Blackstone for $2.8 billion.
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Southern California Edison will pay $2.2 billion to settle insurance claims from a deadly, destructive wildfire sparked by its equipment in 2018, the
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AstraZeneca PLC was sued by a pension fund on behalf of investors who it says suffered losses because of flaws in the company’s testing of its
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European regulators need to overhaul their capital rules to free up insurers to invest more in climate-friendly infrastructure projects, the chief ex
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Seattle has joined other cities in approving extra pay for grocery store workers during the COVID-19 pandemic. The City Council on this week approved
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AM Best views the announced changes to the solvency management of China’s insurance sector as a positive step, particularly in the reinforcement of b
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Ant Group Co. could resume its plans for an initial public offering once problems are resolved, China’s central bank chief said, offering some
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