October 3, 2013
Meadowbrook Insurance Group Inc. and Swiss Re have mutually agreed to terminate a quota-share reinsurance agreement that was put in place late last year, Meadowbrook said Wednesday. The insurer said it has bolstered its financials and the reinsurance is no …
August 26, 2013
Meadowbrook Insurance Group Inc., the insurer that had its rating cut this month by A.M. Best, said it received a waiver from lenders after violating two financial covenants. The waiver is effective until Sept. 20 and allows the company to …
August 14, 2013
Meadowbrook Insurance Group Inc., the insurer whose rating was cut by A.M. Best Co. this month, took a provisional impairment of $115.4 million as of June 30 after a review tied to the downgrade. The figure could be revised, the …
August 12, 2013
Meadowbrook Insurance Group Inc., the insurer whose rating was cut by A.M. Best Co. last week, delayed filing a quarterly report to the U.S. Securities and Exchange Commission as the company reviews the size of a goodwill impairment it will …
August 5, 2013
After A.M. Best downgraded the financial strength ratings of the insurance operations of Meadowbrook Insurance Group on Friday, the insurer announced on Monday that it has entered into an agreement with State National Insurance Co. to provide “A” rated policies …
August 5, 2013
Following a downgrade of its financial strength ratings (FSR) to “B++” from “A-” by A.M. Best Co. on Friday, Meadowbrook Insurance Group announced that it will seek to make arrangements with an A-rated insurance company to issue some policies. In …