According to the American Insurance Association (AIA), the California Office of Administrative Law (OAL) has accepted their request to review...
P&C Companies News
A.M. Best Co. announced that it has further downgraded the financial strength rating to C+ (Marginal) from B- (Fair) for...
Oklahoma District Court Judge Dan Owens, acting on a request by state insurance commissioner Carroll Fisher, placed Petrosurance Casualty Corp....
Following Enron’s collapse and the lawsuit filed by JP Morgan Chase against several insurers, Standard & Poor’s undertook a thorough...
GE’s Employers Reinsurance Corporation announced it will form a single global property & casualty reinsurance business by combining its Property...
Standard & Poor’s affirmed all its ratings on Germany’s Allianz group, including its double-‘A’-plus long-term counterparty credit and insurer financial...
California-based financial services company Fremont General Corp. has reported a fourth-quarter profit, moving from a loss from a year earlier,...
Insurers faced some stiff opposition in the recently concluded Washington legislative session according to the National Association of Independent Insurers...
The Wisconsin State Assembly passed the Budget Reform Act early March 15, minus a proposed prohibition on insurers’ use of...
A study by John D. Worrall, professor and chair of economics at Rutgers University – Camden, concludes that “New Jersey’s...