Reinsurance

Warren Buffett, the company chair and chief executive officer, followed that news today by saying in a television interview that he was rescinding an offer to reinsure the municipal business of three

A federal judge who ruled that the New York-New Jersey Port Authority cannot collect insurance for all the damage done to the World Trade Center by the 9/11 attack, will meet with lawyers in the case

HARTFORD, CONN.--Five former insurance executives with General Reinsurance and American International Group were found guilty by a federal jury today of all charges stemming from an alleged bogus reins

The transaction, announced Friday, will involve an initial cash payment of $30 million from Chicago-based Aon and additional payments over the next 12 months. Itasca, Ill.-based Gallagher said the pay

HARTFORD, CONN.--The jury finished its third day of deliberations on the fate of five insurance executives accused of putting together a sham reinsurance deal to artificially bolster the financial pict

HARTFORD, CONN.--After 23 days, a federal jury began deliberations yesterday on the fate of five insurance executives accused of putting together a sham reinsurance deal that bolstered the financial pi