The property/casualty insurance industry is employing advancements in catastrophe modeling and considering the impact of the creation of a national...
P&C Companies News
A.M. Best Co. has affirmed the financial strength ratings of ‘A’ (Excellent) and issuer credit ratings of “a” of Electric...
An insurer can’t cite the commonly used earth movement exclusion to deny coverage to an insured whose property was damaged...
Based on the recently revised projected claims-paying capacity of the Florida Hurricane Catastrophe Fund (FHCF), rating agency A.M. Best has...
Oklahoma Gov. Brad Henry has signed into law HB 2013, which adds Section 10-118 of Title 47 to the Oklahoma...
Aon Trade Credit UK announced the launch of an international team to support global companies in managing their receivables more...
Insurance giant Allstate Corp. is closing its claims office in South Portland, a move that affects 55 people. Company spokesman...
As the 2009 hurricane season arrives, many homeowners are finding insurance is either more expensive, or harder to get. Homeowners...
Michigan is dropping objections to the sale of Chrysler LLC after the buyer agreed to assume Chrysler’s workers’ compensation liabilities....
Florida property/catastrophe reinsurance rates increased by 15 percent at the June 1, 2009, renewal, compared to a decline of 15...