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British insurance broker Willis Group Holdings Ltd. on Wednesday reaffirmed its 2008 profit guidance mostly below Wall Street's estimates.
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Willis Group Holdings Ltd. said late Wednesday that its second-quarter profit dropped 50 percent, as the London-based insurance brokerage reported a
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Fitch Ratings on Thursday cut its ratings on FGIC Corp.'s insurance arm to junk status, saying the company will experience further credit deteriorati
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Hanover Insurance Group Inc. said Thursday that it plans to sell its remaining life insurance business, First Allmerica Financial Life Insurance Co.,
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OLDWICK, N.J.----A.M. Best Co. has placed the financial strength rating of B+ and issuer credit rating of "bbb-" of First Allmerica Financial Life In
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