Nationwide Insurance reports losses in the third quarter due to natural disasters and poor investment results

Nationwide Insurance has reported its third quarter financial results for this year. The report details a turbulent third quarter, which has been wracked by severe…

Insurance Technologies LLC receives Most Compelling Case Study Award for the year

Financial services industry sales automation solutions provider, Insurance Technologies LLC, has received the award for the Most Compelling Case Study in 2011, the ACORD Award.…

Wells Fargo launches new insurance program targeting low-income families

Wells Fargo has partnered with the National Affordable Housing Management Association to launch a new line of insurance that seeks to meet the needs of…

Liberty Mutual posts Q3 losses due to natural catastrophe and asbestos charges

The Liberty Mutual Group, one of the largest property casualty insurers in the U.S., has posted their third quarter financial report. The report shows that…

Euro crisis may be worse than the economic recession of 2008, say insurers

The European financial crisis is showing no sign of slowing down as the European Union continues to look for ways to stop what may soon…

Mortgage insurance – added problem for U.S. housing

In the present financial crisis, policymakers in the U.S. have started analyzing the structure of the U.S. housing finance system and the role of the…

AIG continues to pay its debt to the U.S. Treasury despite financial turmoil

The U.S. Treasury has received another payment from the American International Group (AIG), one of the nation’s largest insurance organizations. The payment is the latest…