A.M. Best Co. announced that it has upgraded the financial strength rating to A- (Excellent) from B++ (Very Good) of...
P&C Companies News
Chicago-based insurer Old Republic International Corp. saw a 24.5 percent increase in its overall net during the third quarter, while...
CATEX announced that MGU Savannah Reinsurance Underwriting Management, LLC, a member of the Georgia-based Palmer & Cay group of companies,...
A.M. Best Downgrades Rtgs. of PMA Group, PMA Capital Co; Downgrades Debt Rating of PMA Capital Corp.
A.M. Best Co. has downgraded the financial strength ratings of PMA Insurance Group (Blue Bell, Pa.) and PMA Capital Insurance...
New Jersey-based Selective Insurance Group, Inc. reported net income of $14.7 million, or $0.53 per diluted share, for the third...
Commercial insurance buyers say the skyrocketing increases in costs of many insurance policies showed signs of stabilizing in the third...
American Re Corporation announced this week the sale of its subsidiary, ARB International Ltd (ARBI). The purchasers are members of...
Calif.-based Mercury General Corporation reported that net income was $49.6 million, or $0.91 per share (diluted), in the third quarter...
Standard & Poor’s Ratings Services announced that it has affirmed its ‘BB’ long-term foreign and ‘BB+’ long-term local currency sovereign...
The U.K.’s Treasury Department will begin an investigation of the Financial Services and Markets Act, which created the Financial Services...