With the Alabama Insurance Guaranty Association (AIGA) facing unprecedented budgetary shortfalls, the state’s employers and injured workers could reportedly be...
P&C Companies News
International reinsurer Swiss Re announced the opening of a new branch office in Washington D.C., establishing a closer physical presence...
A.M. Best Co. announced that it has affirmed the financial strength rating of “A++” (Superior) and assigned a negative outlook...
Mayfield Village, Ohio-based vehicle insurer Progressive Corp. reported fourth-quarter 2003 net income of $357.8 million, or $1.63 per share, 135...
Marsh & McLennan Companies, Inc. (MMC) reported financial results for the quarter and year ended Dec. 31, 2003. Consolidated revenues...
The more than 100 homeowners insurance carriers that operate in Michigan are already gathering rating information recently requested by the...
A.M. Best Co. announced that it has withdrawn the Best’s Syndicate Rating of “A-” (Excellent) of Lloyd’s Syndicate 1400, which...
The Property Casualty Insurers Association of America praised the actions of the Massachusetts Legislature’s Joint Committee on Commerce and Labor...
Peoria, Ill.-based insurer RLI Corp. reported fourth-quarter net earnings of 62 cents per diluted share (or $16.1 million), a 15...
Efforts to enact legislation reportedly restricting the ability of insurers to operate in a competitive fashion in the Maine homeowners...