Standard & Poor’s (S&P) affirmed its “AAA” counterparty credit and insurer financial strength ratings on entities of both the Munich...
P&C Companies News
On May 24, the California Senate passed SB 1899 despite opposition from industry groups. The bill, sponsored by Senator John...
Nobody likes to lose their shirt, least of all insurers. So it’s no surprise that, following the huge losses caused...
Following an evaluation of the group’s worse-than-expected first quarter underwriting results and unfavorable operating trends, A.M. Best Co. downgraded the...
The New York State Department of Insurance has begun an investigation into reports that, for decades, some life insurance companies...
International Rating Agency Standard & Poor’s announced that it was “maintaining its negative outlook on the Japanese nonlife insurance sector...
Gov. Paul Cellucci has signed legislation to repeal Massachusetts’ countersignature requirement, eliminating the requirement for the countersignature of a resident...
Lloyd’s Chairman Max Taylor in a speech at the annual conference of the Physician Insurer Association of America (PIAA) said...
The New York State Senate Insurance Committee has given its approval to a bill that would exempt certain purchasers of...
Plano-based Electronic Data Systems Corp. has withdrawn its offer to buy Policy Management Systems Corp. for $700 million. The announcement,...