Hurricane Dennis caused an estimated $947 million in damages, according to Florida's Office of Insurance Regulation, and forecasters now say the likelihood is ...
Cyber-insurance premium ran into the $250-to-$300 million range last year, according to a recent edition of The Betterley Report.This year's figure represents about a ...
While most forecasters agree this will be an above-average Atlantic Basin storm season, there remains some disagreement as to whether their ultimate track can ...
Nineteen insurance companies have filed suit against American International Group, Inc. alleging fraudulent inflation of reinsurance claims.John Hancock, Boston; First Allmerica, Worcester, Mass.; and ...
Berkshire Hathaway Inc. has reported second-quarter net earnings increased 13 percent compared to the period last year, due in part to investment gains.Second-quarter net ...
Former American International Group, Inc. chairman Maurice Greenberg has taken aim at his former company, calling its $4 billion earnings restatement "exaggerated and unnecessary" ...
The sale of Allmerica Financial Corp.'s life insurance business will help bolster its property-casualty operations, according to Fitch Ratings.Fitch, which put the Worcester, Mass.-based ...