P&C Companies News

Reinsurer Nabs GAINSCO Assets

Texas-based GAINSCO Inc., a holding company with personal auto insurance agencies in Florida, announced that a non-affiliated reinsurer has taken...

General Agents Group Downgraded

A.M. Best Co. downgraded the financial strength rating of General Agents Group, Oklahoma City, Okla., to “B-” (Fair) from “B++”...

Fitch Rates CNA Subs

Fitch Ratings has assigned new ratings to various entities of CNA Financial Corporation (CNA), including its “A” insurer financial strength...

Outlook Neg. for Monoline Re’s

S&P changed its outlook to negative from stable on monoline reinsurers Ace Guaranty Re Inc., Axa Re Finance S.A., Radian...

Auto Insurers Agree to Hawaii Fines

Seven of Hawaii’s largest auto insurance companies who have been under investigation for allegedly using prohibited criteria to determine premiums,...