Payments by private insurers to state property/casualty guaranty funds have hit a 15-year high, spurred by increased insolvencies, according to...
P&C Companies News
Leading auto insurer Progressive Corp. reported first quarter 2003 net income of $291.5 million, or $1.32 per share, compared to...
A.M. Best Co. has downgraded the financial strength ratings to A (Excellent) from A+ (Superior) of Allianz Insurance Company (AIC)...
The local subsidiaries of global reinsurer Swiss Re announced a change of name of its local reinsurance units. The change...
The property/casualty insurance industry reported a statutory rate of return of 1.0 percent in 2002, up from the worst-ever negative...
Standard & Poor’s has affirmed its ‘AA’ financial strength rating on Top Layer Reinsurance Ltd. (Top Layer), a Bermuda-based reinsurer...
While privacy regulations under the Health Insurance Portability and Accessibility Act (HIPAA) do not apply directly to property/casualty insurers, the...
Trenwick Group Ltd. will cease underwriting reinsurance business under its previously announced underwriting facility with Chubb Re, Inc., a subsidiary...
Standard & Poor’s has lowered its counterparty credit and financial strength ratings on Attorneys Liability Protection Society Inc., A Risk...
A.M. Best Co. has placed the financial strength ratings of A+ (Superior) of Hannover Rueckversicherungs-AG (Hannover Re) and its core...