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China's insurance regulator approved two additional domestic banks to enter the insurance business, and announced four more banks have applied for pe
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Paris-based credit insurer Euler Hermes said it made a profit of 122.3 million euros (96.27 million pounds) in the first half of 2008, down 47% on th
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The U.S. Senate could take up legislation overhauling regulation of the surplus lines and reinsurance markets, as well as creating a federal reposito
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The Alabama Department of Insurance approved rates hikes of 12% to 18% for State Farm homeowners insurance customers in the state's two coastal count
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Express Scripts Inc. and health insurer Cigna Corp. have settled for a combined $27 million in a lawsuit brought by New York state related to contrac
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The City of Indianapolis has filed a lawsuit against 15 insurance companies for reimbursement of money used to clean up hazardous materials from the
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The threat of a potentially punishing loss that would have seriously damaged XL Capital’s business had been growing for a while, but reached ticking-
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A.M. Best Co. has placed the debt rating of “bb+” on $350 million non-cumulative perpetual preferred securities (preferred securities) issued by Sto
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