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A.M. Best Co. has affirmed the financial strength rating of B++ (Good) and issuer credit rating (ICR) of “bbb” of National Reinsurance Corporation of
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As rates in the commercial property markets generally grow firmer, shrinking capacity for natural disasters may force rates up for companies within c
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Marsh & McLennan Cos. said it has named William Krivoshik as senior vice president and chief information officer. In this newly created role, Krivosh
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The economic downturn is the top risk on the minds of risk managers, according to a survey by broker and consulting firm Aon Corp. (NYSE: AOC).
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Phoenix Cos. Inc. has pulled its application to participate in the U.S. Treasury's Capital Purchase Program, which has allocated the lion's share of
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Brown & Brown Inc. posted a 7.3% drop in first-quarter earnings, citing a worsening economy. The net dropped to $48 million from $51.8 million a year
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Analysis by catastrophe risk management firm Risk Management Solutions concludes that although insurance companies may have been taken by surprise by
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California Assembly bill, A.B. 879, is scheduled for a hearing today before the Insurance Committee. California insurers are opposing a workers' comp
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