P&C Companies News

13 Insurers Await Indian Licenses

India’s Insurance Regulatory and Development Authority confirmed that 13 foreign based insurance companies with their local partners have applied for...

REINSURANCE FOR FREMONT GENERAL

Fremont General Corp. entered into an adverse development reinsurance agreement with Fremont Indemnity, a subsidiary of Fremont General, and XL...

SAFECO TAKES ANOTHER HIT

SAFECO will experience higher than expected underwriting losses in its large commercial and homeowners lines, slowing third-quarter profit improvement sharply....