Fitch has assigned an “A+” rating to XL Capital Ltd.’s (XL) offering of $250 million of zero coupon convertible debentures...
P&C Companies News
A.M. Best Co. has placed the FSR of “A” for the Trenwick Group, Bermuda, under review with negative implications. Additionally,...
S&P assigned its “R” FSR to Associated Physicians Insurance Co. (APIC). APIC was declared insolvent and placed into liquidation on...
A.M. Best Co. assigned an “A+” FSR to Lehman Re Limited, Hamilton, Bermuda, a wholly owned subsidiary of Lehman Brothers...
Three Modesto residents, Johnny B. Slefo, 42; Wylet G. Slefo, 42; and Bernadet Younan, 37, were arrested on one charge...
Illinois Insurance Director Nat Shapo announced that he obtained an Order of Conservation against United Capitol Insurance Company on Sept....
The struggles continue for Frontier Insurance Company Inc., which reached an agreement in August with the New York State Insurance...
The conversion of illegal funds into legitimate accounts and investments, commonly known as “money laundering,” is a growth business. According...
The business of reinsurance is a comparatively small but integral part of the overall insurance industry. Simply defined, reinsurance is...
The National Association of Mutual Insurance Companies (NAMIC) issued the following comment on a letter recently sent by the House...