In the view of industry analysts, Chartis is moving in the right direction, but theres still a lot of fixing to do,

The saga that was the attempted merger of Transatlantic Holdings and Allied World Assurance Co. Holdings has ended with what each are calling a mutual agreement, which makes Transatlantic $48 million lighter.

The saga that was the attempted merger of Transatlantic Holdings and Allied World Assurance Co. Holdings has ended with what each are calling a mutual agreement, which makes Transatlantic $48 million lighter.

Less than a week before shareholders of Transatlantic Holdings are set to vote on a potential merger with Allied World Assurance Co., Validus Holdingsa competing bidderis looking to oust Transatlantics board.

Allstate Corp. says it expects $735 million in August pretax catastrophe losses from eight events, including Hurricane Irene.

ProSight Specialty Insurance is set to buy Lloyds coverholder TSM Agencies Ltd., allowing the niche insurer to provide services to U.S. customers with global risk.

State Farm is looking to raise rates and change its homeowners insurance deductibles in Texas.

Liberty Mutual Insurance Co. and an attorney it once hired to defend it have reached a settlement in a case involving alleged unpaid invoices and an alleged extortion attempt by one of the insurers executives.