(NEW YORK)Safeco Corp. will be removed from the S&P 500 index after the close of trading on Monday, Standard & Poor's said Friday. The company is being acquired by Liberty Mutual Group.READ MORE
(OLYMPIA, Wash.)Liberty Mutual Group's $6.2 billion purchase of Seattle's Safeco Corp. has been approved by the Washington state insurance commissioner's office. In a statement Thursday, Insurance...READ MORE
(NEW YORK)Shares of most property and casualty insurers traded lower on Monday as American International Group Inc. sought to stay in business and investors tallied the cost of Hurricane Ike...READ MORE
(CHARLOTTE, N.C.)Shares of major insurance companies traded mostly higher Wednesday, as Ambac Financial Group Inc. surged on prospects for its new bond insurance business, and damage estimates link...READ MORE
(NEW YORK)Shares of insurance companies mostly rose Tuesday as Wall Street assessed the smaller-than-expected damage of Hurricane Gustav and its resulting impact on the insurance sector.READ MORE
Among the sector activity stories for Tuesday, July 29, from AP Financial News: NEW YORK (AP)--Most semiconductor companies headed higher Tuesday as the broader market advanced--bu...READ MORE
(CHARLOTTE, N.C.)Insurance company stocks mostly rose Tuesday, as investors responded to a fairly positive second-quarter report from Safeco Corp. and awaited reports from other insurance companies...READ MORE