S&P and Fitch Ratings both announced that they have downgraded their respective financial strength and counterparty credit ratings on the...
P&C Companies News
A.M. Best Co. has downgraded the financial strength ratings to “A+” (superior) from “A++” (superior) of Muenchener Rueckversicherungs (Munich Re),...
As some in the industry see profits and smoother sailing ahead, other markets are having a tougher time. In a...
Weiss Ratings Inc. of Palm Beach Gardens, Fla., reported that U.S. property and casualty insurers’ net claims arising from the...
Thanks to the legislature, the California Insurance Guarantee Association (CIGA) will stave off financial ruin by floating bonds next year....
Des Moines, Iowa-based insurer EMC Insurance Group Inc. announced that it will strengthen its bulk loss and settlement expense reserves...
Hurricane Isabel probably will not have a material impact on primary property/casualty insurance or reinsurance company ratings, based an analysis...
In a 6-4 vote Sept. 17, the National Association of Insurance Commissioners (NAIC) top-level Financial Condition (E)Committee gave a tentative...
A.M. Best Co. has affirmed the financial strength rating of “A-” (Excellent) of York, Pa.-based Lincoln General Insurance Co., a...
The American Insurance Association (AIA) announced that the North Carolina Senate approved a medical malpractice bill that the association believes...