Insurance News from December 21, 2001
National News
New York Attack Caused Record Losses for Property Insurers
Initial Swiss Re estimates say that 2001 was a very costly year for property insurers....
International & Reinsurance News
Swiss Re Estimates Enron Losses at $173 Million; Reports on Financial Intermediaries
Swiss Re announced that its exposure to Enron related losses is $173 million before...
East News
S&P Lowers Liberty Mutual Ratings, Removes from CreditWatch
Standard & Poor's announced that it had lowered its rating on Liberty Mutual Insurance...
West News
Caliber One Opens New California Office
Caliber One, the Excess and Surplus Lines arm of PMA Capital, has opened a new office...
Midwest News
Arthur J. Gallagher and Co. Makes Acquisitions
Illinois-based Arthur J. Gallagher & Co. announced the acquisition of Equity Insurance...