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Warren Buffet, the billionaire chairman and CEO of Berkshire Hathaway, says life insurers took “crazy” financial risk by selling variable annuities w
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Marsh & McLennan Cos. reported a $176 million profit in the first quarter, compared with a loss of $210 million in the same period a year ago, despit
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BestDay Audio for Thursday, May 7: York Insurance Services Group CEO Anthony Galioto on His New Role
BestDay Audio for Thursday, May 7: Anthony Galioto, newly named president and chief executive of York Insurance Services Group, discusses his new rol
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A.M. Best Co. has downgraded the financial strength rating to B (Fair) from B+ (Good) and issuer credit rating to “bb+” from “bbb-” for the Atlanta L
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A.M. Best Co. has downgraded the issuer credit rating to “bb” from “bb+” and affirmed financial strength rating of B (Fair) of South Dakota State Med
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With the total U.S. deficit in 2009 projected to exceed $1.85 trillion, or 13.1% of the estimated gross domestic product, the U.S. Treasury estimates
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The AMBG closed Wednesday, May 6, at 662.97 (+2.48%). All 15 A.M. Best stock indexes rose. Leading A.M. Best's Global Insurance Composite Index (AMBG
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Four U.K. insurers plan a legal challenge to a law in Scotland that provides the possibility of compensation for people diagnosed with pleural plaque
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