A pair of insurers have reached a settlement with life insurance policyholders and those with annuity policies lost through Bernard Madoff’s fraudulent Ponzi scheme.

Argus Group Holdings Ltd. and Tremont International …  Read →

At the request of the company, A.M. Best said it has withdrawn the ratings of the Senior Health Insurance Co. of Pennsylvania.

The ratings service announced it has affirmed the financial …  Read →

Two securities firms – Citigroup Global Markets and Banc of America Securities¬ will pay nearly $1.3 million to Virginia regulators to settle allegations that they misled investors about the safety …  Read →

Donegal Mutual Insurance Co., a Marietta, Pa.-based regional property-casualty insurer, paid $105,000 to settle a claim that it used unlicensed copies of Microsoft software installed on its computers

The Business Software …  Read →