Standard and Poor's (S&P) Ratings services raised its rating for Fireman's Fund insurance co. from "A+" to "AA-." S&P noted that the upgrade reflects its enhanced view of the strategic position of Fir

Small business owners are not fully aware of the financial risks involved in obtaining workers' compensation insurance through self-insured groups, according to the results of the most recent Small Bu

Nautilus Insurance Group, comprised of Nautilus insurance co. and Great Divide Insurance Co., member companies of W.R. Berkley Corp., appointed Miklos F. Kallo vice president -Finance and Accounting.

American International Group Inc has so far borrowed $70.3 billion under a U.S. government bailout loan even as regulators keep a close eye on how the insurer is using those funds, The wall street Journal said.

A.M. Best Co. has downgraded the debt ratings to "c" from "b+" on $100 million principal at-risk variable rate Series 1, Class A notes of Ajax Re Ltd., to "c" from "bb+" on $250 million principal at-r

ACE Bermuda Insurance Ltd. has announced an increase in its Integrated Occurrence capacity from $100 million to $150 million effective immediately. This additional capacity is available under ACE Berm

HSBC Insurance Brokers Limited announced that it has established a branch office and received regulatory approval from the Qatar Financial Center (QFC) Authority to provide insurance broking services

American International Group's meltdown may serve at least one (if not more) positive purpose: spotlighting the difference between the insurance professional and the non-professional. Insurance pr

Angelo Ganguzza, vice president of Boca Raton, Fla.-based LIG Insurance Agency and Kimberly "Kim" Langston Gray, managing partner of Langston Insurance Agency in central Florida, accepted election to

The global credit crisis claimed its first Japanese financial institution on Friday and the government looked to prop up smaller banks, as Tokyo shares suffered their biggest rout since a 1987 crash.