There has been no rush to the courthouse yet by Bernard Madoff’s angry investors, but a wave of legal action...
P&C Companies News
California State Insurance Commissioner Steve Poizner is under fire from his predecessor and a consumer group for proposing regulation changes...
U.S. District Judge Lee Rosenthal in Houston has been called upon to rule if Great American Insurance Co. is acting...
Munich Re has agreed to acquire specialty insurer Hartford Steam Boiler (HSB) Group from American International Group for €531 million...
Swiss Re has reacted to what it describes as “the unprecedented turmoil in the capital markets,” by arranging a $1.5...
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and downgraded the issuer credit ratings (ICR)...
Standard & Poor’s Ratings Services has placed its ‘A-‘ counterparty credit ratings on Bermuda-based Everest Re Group Ltd. and its...
A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A+’ (Superior) from ‘A’ (Excellent) and the issuer credit...
The West Virginia Supreme Court says a homeowner’s insurance company should not be held liable for paying damages stemming from...
An insurance company is arguing in a Texas court that a policy it issued that excludes payments for pollution prevents...