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The financial sector's total losses from the credit crisis are approaching $1,000bn after recent turmoil in the markets triggered a further drop in t
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Conseco, Inc. announced today that it completed the previously announced transfer of Senior Health Insurance Company of Pennsylvania, formerly known
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California Earthquake Authority Chief Executive Officer Glenn Pomeroy and state Insurance Commissioner Steve Poizner said the CEA could pay up to $7
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A.M. Best Co. has affirmed the financial strength rating (FSR) of A (Excellent) and issuer credit ratings (ICR) of “a” of National Life Insurance Co
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A.M. Best Co. has removed from under review with negative implications and downgraded the debt rating to “a-” from “a” on $130 million of Series A fl
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The insurance industry is in a financial catastrophe event that will require insurers to be increasingly disciplined in managing capital and risks, s
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NEW YORK----The Board of Directors of American International Group, Inc. has elected Dennis D. Dammerman a Director.
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The Bush administration on Wednesday largely abandoned its plan to buy up toxic mortgage assets and said it will focus its $700 billion financial bai
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