Fla. Insurance Commissioner McCarty Issues Subpoenas to 17 Reinsurers April 25, 2005
Florida insurance regulators are probing the dealings of 17 reinsurers selling finite risk polic...
Fitch Moves Berkshire Hathaway's Outlook to Negative April 19, 2005
Fitch Ratings has revised the Rating Outlook to Negative from Stable on the 'AAA' long-term issu...
Allstate, AIG, Chubb, St. Paul/Travelers Ask Pa. Commissioner to Examine ACE Brandywine Sale February 21, 2005
The law firm representing Allstate Insurance Company, American International Group Inc., Chubb &...
Best Affirms National Indemnity 'A++' Rating January 24, 2005
A.M. Best Co. announced that it has affirmed the financial strength rating of "A++" (Superior) o...
Best, S&P Announce Rating Actions on ACE Ltd. and Subs after Reserve Increase January 07, 2005
Standard & Poor's Ratings Services came down a bit harder on ACE Limited's ratings than A.M. Bes...
Converium Reports $116.3 Million Q3 Loss October 26, 2004
Embattled Swiss reinsurer Converium Holdings AG has reported a $116.3 million third quarter loss...
Converium Completes External Reserve Review; Share Issue to Raise $420 Million August 31, 2004
Zurich-based Converium Holding AG announced that an external reserve review, conducted by the ac...
Best Affirms General Re Group Ratings of 'A++' June 16, 2004
A.M. Best Co. has affirmed the financial strength ratings of "A++" (Superior) of the General Re ...
A.M. Best Affirms National Indemnity Group November 25, 2003
A.M. Best Co. has affirmed the financial strength rating of "A++" (superior) of National Indemni...
ProCentury Corp. Names Former Congressman as New Chairman and CEO November 20, 2003
Ohio-based ProCentury Corporation, the parent company of Century Insurance Group, announced that...
Weiss Ratings: U.S. Insurers' 9/11 Losses Reach $9.3 Billion September 05, 2003
Weiss Ratings Inc. of Palm Beach Gardens, Fla., reported that U.S. property and casualty insurer...
Lumbermens Commutes Two Berkshire Hathaway Reinsurance Agreements, Regains Access to $1.6 Billion June 30, 2003
Lumbermens Mutual Casualty Co., flagship of Long Grove, Ill.-based Kemper Insurance Cos., today ...
ProFinance Completes $10 Million Securities Offering May 28, 2003
Columbus, Ohio-based ProFinance Holdings Corp., the holding company for Century Insurance Group,...
AIG Global Surety, National Indemnity to Provide Surety Facility for Large Creditworthy Contractors April 24, 2003
AIG Global Surety, a division of the property and casualty insurance subsidiaries of American In...
Kemper Completes Renewal Rights Agreement with Arch Group on Surety Business February 27, 2003
The Kemper Insurance Companies announced it has reached an agreement in principle to sell the re...
AXIS to Acquire Renewal Rights to Kemper's D&O Business January 31, 2003
Bermuda-based AXIS Capital Holdings Limited and the Kemper Insurance Group announced that AXIS' ...
ACE Increases Asbestos Reserves; $354 Million Net After-tax Charge to Q4 Earnings January 27, 2003
ACE Limited announced that it will incur a net after-tax charge to earnings of $354 million ($1....
Fitch Downgrades Trio of Kemper Companies Primary Underwriters January 08, 2003
Fitch Ratings has downgraded the insurer financial strength ratings of three primary insurance u...
Trenwick Finalizes Agreement With Lloyd's Letter of Credit Providers December 25, 2002
Bermuda-based Trenwick Group Ltd. announced that it has entered into definitive final agreements...
National Indemnity Backs Kemper With Cut-through Agreement December 25, 2002
The Kemper Insurance Companies reached an agreement-in-principle with Berkshire Hathaway Inc. su...
Trenwick Gets Agreement "in Principle" for 2003 Lloyd's Funding December 09, 2002
Bermuda-based Trenwick Group Ltd. announced today that it has reached an agreement in principle ...
Trenwick in Deal with Berkshire Hathaway for Lloyd's Support November 05, 2002
Bermuda-based Trenwick Group Ltd. announced that it has concluded an agreement with National Ind...
Court Grants Penn. Department's Petition to Place Reliance Ins. Co. in Rehabilitation May 31, 2001
Pennsylvania Insurance Commissioner M. Diane Koken announced that the Commonwealth Court of Penn...
CDI Conserves Sable Insurance Co. California Insurance May 11, 2001
Commissioner Harry W. Low announced today the conservation of Sable Insurance Company, due to it...
Countrywide Signs Agreement With Berkshire Hathaway February 04, 2000
Countrywide Credit Industries, Inc., a residential finance corporation, announced it has an agre...
