P&C Companies News

Nebraska Insurers to Merge

In hopes that a larger policyholder base and larger economic foundation will facilitate expansion, Lincoln Mutual Holding Co. and WFR...

Everest Re Acquires AFC Re

Everest Reinsurance (Bermuda) Ltd., a subsidiary of the Everest Re Group announced that it has “acquired AFC Re Ltd., a...

S&P Affirms American Safety

The “BBBpi” FSR on American Safety Casualty Insurance Co. was affirmed by S&P. The company’s extremely strong capitalization and five-year...

Insurer Wins Out in Y2K Lawsuit

American Guarantee, a Zurich affiliate, does not have to cover $138 million of the money Xerox Corp. poured into Y2K...