In the wake of the Sept. 11 terrorism attacks, insurance companies have begun seeking permission from state regulators to exclude...
P&C Companies News
A.M. Best Co. has assigned an “A” (Excellent) financial strength rating to Da Vinci Reinsurance Ltd., Bermuda, a strategic joint...
New state laws concerning workers’ compensation, automobile insurance, financial and other regulatory requirements account for over half of the property/casualty-related...
A.M. Best announced that it has downgraded the financial strength rating of Denmark’s Copenhagen Reinsurance Group to C+ (Marginal) from...
The West Virginia Senate is considering legislation, tabled by the Judiciary Committee as part of a tort reform bill, to...
The U.S. House of Representatives passed the Terrorism Risk Protection Act (HR 3210) by one vote of 227-193 on the...
Standard & Poor’s assigned its “BBBpi” financial strength rating on Seattle-based Grange Insurance Assn. The rating action reflects the company’s...
Munich Re, the world’s largest reinsurer, suffered a commensurately large loss in the 3rd quarter of €1.2 billion ($1.05 billion)...
Newly formed Bermuda-based insurer Allied World Assurance Co. (See IJ Website Nov. 27) announced that it has concluded an exclusive...
Odyssey Re American Reinsurance Corp. of Stamford Connecticut announced that Stephen Van de Graaf has joined the company as Sr....