It’s been called “the Titanic of all insolvencies”—on Dec. 3, 1985, Transit Casualty Company, domiciled in Missouri, was declared insolvent...
P&C Companies News
Ending a search that has been ongoing since last October, Michael S. McGavick was named president, CEO and member of...
A North American Free Trade Agreement arbitration panel is expected to uphold an interim ruling from November allowing Mexican trucks...
The Franklin County Court of Common Pleas in Ohio granted a request for liquidation order filed by the Ohio Department...
The Independent Insurance Agents of America (IIAA) and the National Association of Insurance and Financial Advisors (NAIFA) expressed opposition to...
For the 12 months ended Dec. 31, 2000, Argonaut Group Inc. reported a consolidated net loss of $83.3 million on...
The “AA+” counterparty credit rating and FSR on Amica Mutual Insurance Co. was affirmed by S&P. The rating action is...
The FSR of Renaissance Reinsurance Ltd., Hamilton, Bermuda, was upgraded from “A” to “A+” by A.M. Best. The rating action...
Axa Financial announced today its fourth-quarter operating profits dipped 3.5 percent because of difficult stock markets. The New York-based firm,...
Fourth-quarter profits for Aon Corp. rose 29 percent based on higher insurance brokerage commissions and fees. Fourth-quarter operating profits before...