Meadowbrook Says Class Action Without Merit

Acknowledging that class actions are often launched against public companies that experience stock drops, Meadowbrook Insurance Group nonetheless issued a press statement on Thursday to respond to a ...

Cat Bonds Rally With Hurricane Season Advancing

Gains on catastrophe bonds are poised to exceed returns on speculative-grade company debt by the most since 2008 as the Atlantic hurricane season heads into its fourth month. Notes designed to ...

QBE Profit Plunges 37%; CEO Neal Targets Costs

QBE Insurance Group Ltd., Australia's largest insurer by market value, fell the most in nine months in Sydney trading after reporting a 37 percent drop in first-half net income. QBE shares were 8.3 ...