ProAssurance Agrees to Buy NORCAL in $450M Deal

Healthcare liability insurer ProAssurance Corp. has agreed to acquire medical professional liability insurer NORCAL Mutual Insurance Co. following NORCAL's demutualization in a $450 million ...

Allianz Raises Guidance After Profit Jump

German insurance group Allianz announced a more ambitious profit target for this year after posting a better than expected 9.5% jump in fourth-quarter net profit on Friday. The profit increase was ...