Search Results

Lincoln Insurance Group said today in a securities filing it will seek to raise $2.1 billion in additional capital, including $900 million through the government's Troubled Asset Relief Program and an additional $600 million in a securities offering.

In a new research note, TowerGroup analyzes technologies that will provide the most value to insurance carriers in the coming 24 months.

Bermuda-based RenaissanceRe Holdings Ltd. has agreed to acquire Spectrum Partners Ltd. in a stock deal that could be worth approximately $7 million at current prices.

A sentence in the implementation guide of the National Association of Insurance Commissioners' (NAIC) proposed Model Audit Rule has been altered to clear up responsibility for auditing insurance company subsidiaries.

American International Group has reduced its holdings in reinsurer Transatlantic Holdings, Inc., to 14 percent netting the New York-based insurer $1.14 billion as it continues to sell off its assets.

The nation's insurance regulators have pressed insurance trade organizations for specifics on how use of credit in determining rates affects certain groups of people, and criticized the answers for not being specific enough.

It has been roughly a decade since federal lawmakers cleared the way for insurance carriers to enter banking, yet progress has been more the exception than the rule. Only a few players have built up a lending business and profits have been scarce.

American International Group and Starr International Co. Inc. squared off in federal court today over a block of AIG's stock owned by Starr International.