Standard & Poor’s Ratings Services issued a statement that its ratings and outlook on Germany’s Allianz SE (AZSE), currently ‘AA’/Stable/’A-1+’,...
P&C Companies News
Hartford Financial Services Group Inc. said it plans to keep its U.S. property/casualty and life businesses, after winning approval last...
Dutch financial group ING made clear this week it was not in any particular rush to complete its planned €8...
The Washington Legislature has failed to pass a bill that would have limited a successor corporation’s liability for asbestos-related claims...
Bermuda-based Montpelier Re Holdings Ltd. announced that Montpelier Syndicate 5151 will begin underwriting marine insurance business in August 2009. “The...
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit rating (ICR) of “a-”...
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit rating (ICR) of...
At least four U.S. insurers won approval on Thursday to raise billions of dollars through the government’s bank bailout plan,...
Despite the protests of insurance and business interests, the Texas House has passed legislation that would make it easier for...
DCAP Group Inc., an upstate New York franchiser of independent agencies, is ditching its franchise insurance business as part of...