News

New York-based AIG said last night it has submitted a letter to the board of directors of the Woodland Hills, Calif.-based personal lines insurer, proposing to acquire 38.1 percent of shares publicly

The company, a large multiline reinsurer in Europe, said Kyrill losses are expected to be contained within its worldwide specialty and global property-casualty subsegments. The specialty segment inclu

Jeremy Cox, BMA supervisor of insurance, said his operation is pleased by "a clear indication of the continued confidence the market has in Bermuda as a leading global insurance and reinsurance center

Connecture, Inc., a provider of Web-based sales, service, and process automation solutions to the health insurance industry, has teamed up with Microsoft to broaden the functionality of Connecture's

According to the complaint--filed Nov. 7, 2005, in state court, before the case was moved to the federal tribunal--State Farm denied the Tejedor family's claim on Oct. 6, 2005, stating in part that

A restaurant trade group has taken offense to Nationwide Insurance Company's planned Super Bowl ad featuring Kevin Federline dreaming he is a big star only to wake up and discover he is flipping hambu

Michael Stone, president and chief operating officer of RLI Insurance Company made his comments during a fourth-quarter earnings conference call that announced a 26 percent jump in net income for 200

Fitch said it views the bill that was passed as a "mechanism to further suppress homeowner's insurance rates in a market where rates continue to be inadequate despite several large recent rate increas