Standard & Poor’s Ratings Services has lowered its counterparty credit and senior unsecured debt ratings on Los Angeles-based Mercury General...
National News
After significant catastrophe losses in first quarter 2010, U.S. property/casualty insurers and global reinsurers are hoping their balance sheets don’t...
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a”...
Philadelphia Insurance Cos. has rolled out a new product suite for temporary staffing organizations. The product will include general liability,...
Allied World Assurance Co. Holdings, Ltd. has released its new ForceField management liability product suite. Forcefield offers six coverage components...
The five-category system that describes a hurricane’s strength and the havoc its winds could bring to the U.S. has been...
Transocean Ltd, owner of the Deepwater Horizon rig that exploded and sank last month killing 11 people, wants to limit...
January deal activity started out strong but continued to decline in February and further in March. Nonetheless, first quarter merger...
The medical professional liability industry is profitable despite premium increases, according to Charlottesville, Va.-based SNL Financial. That industry experienced a...
The makers of file-sharing software LimeWire are liable to 13 major record companies that accused the service of infringing their...