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Not many financial companies saw an opportunity in the economic meltdown. But large insurers did, and now they're using it to lobby for a lucrative c
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PEORIA, Ill.—Specialty insurer RLI Corp. on Tuesday reported a first-quarter net loss of $1.82 million compared with a $25.5 million profit in the fi
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The global property/casualty insurance sector is expected to maintain a strong level of capital adequacy through 2009 despite challenges presented by
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NEW YORK—American International Group Inc. said Tuesday it will spin off AIU Holdings Inc. and AIU Holdings L.L.C. into a special purpose vehicle in
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DAYTONA BEACH, Fla.—Brown & Brown Inc. reported that its first-quarter 2009 net income fell 7.2% to $48 million despite a 2.7% increase in revenues,
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As the recession wears on, more employees are taking hardship withdrawals from their 401(k) and 403(b) retirement plans, and employers continue to in
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Continental Marine Insurance Services, a division of Continental Risk Insurance Services, has a program for jet ski and boat rental. Coverage is of
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The California Department of Insurance (CDI) has secured between $37 million and $46 million in additional coverage from AIG for Sayre Fire survivors
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