The South Carolina Department of Insurance is celebrating issuing its the 200th captive insurance company license. State Insurance Director Scott...
P&C Companies News
Louisiana Workers’ Compensation Corporation (LWCC) announced it will pay a $7.5 million dividend to qualifying policyholders in February. The pay...
A.M. Best Co. has downgraded the issuer credit ratings (ICR) and senior debt ratings to “b-” from “b” of Kingsway...
Writedown woes hit European insurers again on Tuesday as life insurers Legal & General Plc and Aegon NV predicted more...
Montpelier Re Holdings expects to release its fourth quarter results after the market close on February 17, 2009 The Company...
London-based insurer and reinsurer Beazley Group is acquiring Boston-based First State Management Group, an underwriting manager specializing in excess and...
Reinsurers’ tough talk about raising prices on the risk cover they sell to insurers may have rung hollow before, but...
Natural catastrophes and financial upheaval drove a sharp reversal in the property/casualty industry’s fortunes in 2008, and the effects spread...
Bermuda-based Validus Holdings reported net income for the quarter ended December 31, 2008 of $37.0 million, or $0.47 per diluted...
A.M. Best Co. has downgraded the financial strength rating (FSR) to ‘B++’ (Good) from ‘A-‘ (Excellent) and the issuer credit...