P&C Companies News

Rhine Re Changes Name To Alea Group

Rhine Re, the Swiss based reinsurance company controlled by Kohlberg Kravis Roberts & Co., has announced that “it is re-branding...

BERKSHIRE HATHAWAY’S PROFITS FALL

Warren Buffett’s magic touch has gone on vacation for a spell. Berkshire Hathaway’s second quarter operating profit fell 18 percent....

S&P Affirms ‘BBBpi’ Rating on Crusader

Standard & Poor’s (S&P) affirmed its triple-‘Bpi’ financial strength rating on Woodland Hills, Calif.-based Crusader Insurance Company. Key rating factors...

Mynd Corp. to Cut 300 Jobs

Insurance software manufacturer Mynd Corp. is awaiting government approval of a proposed buyout by Computer Sciences Corp. at $16 per...