Hamilton, Bermuda-based insurer Arch Capital Group Ltd. says it will acquire Ariel Res Credit & Surety reinsurance operations based in Zurich, Switzerland.

Hamilton, Bermuda-based insurer Arch Capital Group Ltd. says it will acquire Ariel Res Credit & Surety reinsurance operations based in Zurich, Switzerland.

Vanessa A. Wittman, executive vice president and chief financial officer of Marsh & McLennan Companies, Inc., is resigning from the firm to accept a senior role at Google.

A federal judge has reversed a Federal Bankruptcy Court decision against Travelers and has thrown out an order for the insurer to pay $500 million in asbestos claims.

Former New Jersey Insurance Commissioner Holly Bakke will join DataCede Companies, an insurance-consulting firm.

New York bank-holding company Goldman Sachs will acquire Ariel Reinsurances Bermuda-based insurance and reinsurance operations, the companies announced.

New York bank-holding company Goldman Sachs will acquire Ariel Reinsurances Bermuda-based insurance and reinsurance operations, the companies announced.

Residents throughout the Midwest will be spending their weekend paying close attention to the weather as the National Weather Service warns of continued possible tornado activity.