S&P placed its ratings on Nationwide Financial Services Inc. (NFS) and related entities on CreditWatch with negative implications. At the...
Monthly Archives: <span>August 2001</span>
On Aug. 6, Standard & Poor’s (S&P) placed its “AA-” counterparty credit and financial strength rating (FSR) on Fireman’s Fund...
Pennsylvania Insurance Commissioner Diane Koken announced that the State’s Commonwealth Court granted the Department’s petition to place PHICO Insurance Company...
Neither Standard & Poor’s Financial Services Ratings Group nor investment bank Morgan Stanley is bullish on the reinsurance industry these...
X.L. America Inc. is consolidating the management of its U.S. specialty insurance programs under one newly formed business unit, XL...
Continental Casualty Company; America Casualty Company of Reading, Penn; and Transportation Insurance Company (collectively CNA) received approval from Nevada Insurance...
The Risk and Insurance Management Society Inc. (RIMS) announced its opposition to the proposed Reinsurance Tax Equity Act of 2001...
New Jersey’s Department of Banking and Insurance is seeking to prolong the state’s largest automobile insurer’s presence in order to...
In addition to the previously announced layoffs of 1,200 employees, Citigroup Inc. announced it will let go another 3,000 workers...
The St. Paul Companies announced the formation of the Global Surety and Construction Group. According to the group’s newly appointed...