MAPFRE GLOBAL RISKS is the leading insurer for the Spanish satellite of the communications operator HISPASAT, H1E, which was launched...
P&C Companies News
Soft market conditions with unabated price competition and a slow economy with reduced payrolls continued to affect commercial liens including...
The U.S. property/casualty industry generated improved operating results in the third quarter despite competitive market conditions, elevated catastrophe losses, the...
Bermuda-based Renaissance Reinsurance Ltd. has been approved to participate in Florida’s property reinsurance marketplace with modified collateral requirements. In 2007,...
Seven automobile insurance firms have followed Allstate Insurance Co. in suing Toyota Motor Corp. to recover money they paid in...
“Overcapitalization in the reinsurance market continues to gradually push rates downwards with price reductions at the January 1, 2011 reinsurance...
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and the issuer credit rating (ICR) of...
Six years ago, Harleysville Group was in need of a big change. The Pennsylvania-based insurer had just come out of...
A.M. Best Europe – Rating Services Limited has assigned a financial strength rating of ‘A’ (Excellent) and an issuer credit...
The Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) has set at 3.8 percent the workers’ compensation interest and...