CIBC has agreed to sell its property and casualty insurance companies, The Personal Insurance Company of Canada and CIBC General...
P&C Companies News
Penn-America Group, Inc. expects second quarter earnings estimates to be lower than the consensus estimate of $0.21 per share. This...
Commentary By Peter van Aartrijk Jr. Come on, people, he’s personally lost $1 billion as Reliance Group’s majority shareholder. I...
The nursing home market, already in a state of deterioration for several years now, is becoming increasingly barren. It’s a...
Progressive Corp. is estimating its second-quarter profits will fall below Wall Street consensus estimates because of poor underwriting results worsened...
A.M. Best Co. has downgraded the financial strength ratings of 14 life and health insurance subsidiaries of Conseco Inc., based...
The House passed a bill Wednesday that would allow consumers and businesses to authorize contractual deals with the click of...
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...
The property/casualty insurance industry reported a statutory rate of return of 7.0 percent (on an annualized basis) during the first...
State Farm Mutual Automobile Insurance Co. will pay dividends of just over $1 billion to auto insurance policyholders in 49...