Pennsylvania’s Insurance Commissioner, Diane Koken, announced that her department will recover $10 million in a settlement of its legal complaint...
P&C Companies News
Representatives of the insurance industry in Florida met last week with the Office of Insurance Regulation (OIR) to try and...
A leading state regulator and a former U.S. Representative warned insurers that expanding congressional oversight of the industry may worsen...
Swiss-based Zurich Financial Services (ZFS) reasserted its position as Europe’s third largest insurer with a strong third quarter performance. ZFS...
A.M. Best Co. announced that it has downgraded the financial strength rating of Paris-based AXA Re and its core subsidiaries...
A.M. Best Co. has downgraded the financial strength ratings to “A” (excellent) from “A+” (superior) of the members of the...
General Re, a subsidiary of Berkshire Hathaway Inc., announced that the China Insurance Regulatory Commission (CIRC) has invited the company...
American Re Corp. announced that its subsidiary, Munich American Global Services, Inc., closed the sale on Friday, November 14, 2003...
Bermuda-based ESG Re Limited reported an overall net loss of $3.4 million, or $0.31 per share for the quarter ended...
Safeco announced that claims stemming from the recent California wildfires are estimated at $16.0 million in pretax catastrophe losses. This...