Reinsurers Resilient Despite Catastrophes, Economic Uncertainty, Says A.M. Best April 24, 2012 In a special report A.M. Best summed up the financial position of the global reinsurance industry as “resilient” in light...
S&P Revises Argentina’s Sovereign Debt Rating Outlook to Negative April 24, 2012 Standard & Poor’s revised its outlook on Argentina’s sovereign debt rating to negative from stable on Monday, citing policies that...
Earnings Report: Platinum Underwriters April 24, 2012 Q1 2012 Q1 2011 Net premiums written ———— $143.66 mn $194.78 mn Net premiums earned ———– $138.21mn $182.88 mn Net...
California State Fund Cancels Layoffs April 23, 2012 California’s State Compensation Insurance Fund is cancelling plans to lay off hundreds of workers, the Sacramento Bee is reporting. State...
MetLife to Pay States $500 Million in ‘Death Master’ Probe April 23, 2012 MetLife Inc., the largest life insurer in the United States, will pay $500 million to settle a multi-state investigation into...
Arkansas Doctor Convicted in Bombing Loses Lawsuit April 23, 2012 An Arkansas doctor convicted in a bombing that nearly killed the head of the state medical board lost a separate...
Arizona Man Sentenced in Insurance Forgery Case April 23, 2012 A Flagstaff, Ariz., man who continued to collect insurance premiums from small business owners even though his license was revoked...
Montana GOP Candidates Embrace Insurance Industry Bills April 23, 2012 By Matt Gouras Republican candidates for governor said on April 19 at a forum that they would back key insurance industry legislation if...
Progressive Expands Commercial Auto Coverage Limits April 23, 2012 Progressive Insurance has doubled the available liability limits of its commercial auto policies. It now offers options for $1.5 or...
Family of New Mexico Girl Killed in Crash with Santa Fe Doctor Sues April 23, 2012 The family of a little girl killed when her family’s van was hit by a vehicle driven by a Santa...