A.M. Best Co. has downgraded the financial strength rating (FSR) to ‘B-‘ (Fair) from ‘B+’ (Good) and issuer credit ratings...
P&C Companies News
Standard & Poor’s Ratings Services has affirmed its ‘A+’ long-term counterparty credit and insurer financial strength ratings on various operating...
A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Bermuda-based...
Most bond insurers are headed for liquidation or run-off as losses from troubled assets linger, an analyst at independent research...
Smithfield Foods Inc. said Tuesday that fire damage at its Patrick Cudahy meat plant in Cudahy, Wisconsin, should not have...
Connecticut’s flex-rating law will continue for two more years, after Gov. M. Jodi Rell signed legislation extending the practice of...
Today is an important deadline in the process of settling the terms of State Farm’s withdrawal from the Florida insurance...
The North Carolina House voted 89 to 27 yesterday to approve a measure designed to re-establish the state’s coastal insurance...
Los Angeles-based Mercury General Corp. on Aug. 3, 2009, will release results for its second quarter ended June 30, 2009....
After months of trying, Florida state officials and State Farm Florida have been unable to agree on the details of...