The nursing home market, already in a state of deterioration for several years now, is becoming increasingly barren. It’s a...
P&C Companies News
Chalk up 2000 as another year for making great strides in passing legislation relating to deregulation. Since 1997, 21 states...
The U.S. property/casualty industry’s net income after taxes dropped 35.4 percent to $5.8 billion in first-quarter 2000, down from $9...
Progressive Corp. is estimating its second-quarter profits will fall below Wall Street consensus estimates because of poor underwriting results worsened...
State Farm Mutual Automobile Insurance Co. will pay dividends of just over $1 billion to auto insurance policyholders in 49...
A ruling by the Pennsylvania Supreme Court will further delay Munich Re subsidiary, American Re’s purchase of Pennsylvania based asset...
The long-term issuer rating of the Alleghany Corporation was affirmed by Moody’s Investment Services at ‘Baa2’ following Alleghany’s sale of...
U.S. Ambassador to India, Richard Celeste, predicted that India’s opening of its market to foreign insurers would bring a s...
CIGNA Corp. has agreed to sell its U.S. individual and group life reinsurance and U.S. accidental death reinsurance businesses to...
S&P affirmed its ‘A-‘ counterparty credit and financial strength ratings on Rhine Reinsurance Co. Ltd. and Rhine Reinsurance (Bermuda) Ltd.,...