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TALLAHASSEE, Fla.—Florida Insurance Commissioner Kevin McCarty Tuesday approved an 18.6% workers compensation rate reduction effective Jan. 1. The re
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NEW YORK—An insurer’s classification of its investment losses, including whether it classifies them as realized, unrealized or a combination of both,
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A competitive marketplace and changing customer habits are driving US insurers to invest in online sales strategies, which enable them to lower custo
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Concerns about a recession in the United Kingdom are boosting the market for trade credit insurance, Tim J. Smith, a senior manager at broker Marsh,
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In the aftermath of Hurricane Katrina, State Farm did "some things right and some things wrong," said Mississippi Insurance Commissioner Mike Chaney,
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A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of A (Excellent) and issuer credit ratings (
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A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and issuer credit ratings (ICR) of “a” of American Safety Insurance Group (
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Prudential Financial Inc. reported a $166 million net loss for the third quarter as it took $591 million in losses from investment losses and actuari
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