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Mechanical problems at a Tacoma, Wash. industrial plant are the likely cause for a fire that triggered explosions and spewed toxic chemicals into the
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U.S. health insurers’ net underwriting income in second-quarter 2020 increased to $28.3 billion from $9.1 billion in the same prior-year period, acco
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AM Best has downgraded the Financial Strength Rating (FSR) to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR
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Arch Capital Group Ltd. estimates its pretax third quarter natural catastrophe losses could range from $190 million to $210 million. These catastroph
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AXIS Capital Holdings Ltd. announced a preliminary pre-tax net loss estimate in the range of $225 million to $255 million ($190 million to $220 milli
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When the coronavirus pandemic shut down bars and concert halls in March, a new phenomenon was born: the vacation-rental nightclub. Professional party
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The U.S. Supreme Court on Tuesday agreed to decide whether more than 100 technology disputes must be reheard because judges were unconstitutionally a
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RenaissanceRe Holdings Ltd. announced it estimates that natural catastrophes during the third quarter of 2020 will have a net negative impact of appr
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