P&C Companies News

EXCESS CAPITAL AS BLESSING, CURSE

The property/casualty industry could return capital to its stakeholders without risking rating downgrades or insolvency, according to A.M. Best Company,...

S&P Affirms SIAMCO

The “AApi” FSR on Sentry Insurance, a Mutual Co. (SIAMCO) was affirmed by S&P. The rating action also applies to...

Insurer Chooses Agents Over Web

Ohio Casualty Corp. of Fairfield, Ohio, is abandoning its web-based Avomark brand direct personal lines auto marketing in favor of...

Conseco fourth-quarter profit up

Conseco’s quarterly operating profits rose 5 percent, beating expectations, as the struggling U.S. life insurance and loan firm continued its...