A.M. Best Co. has downgraded the financial strength rating (FSR) to ‘B+’ (Good) from ‘A-‘ (Excellent) and issuer credit rating...
P&C Companies News
Bermuda-based White Mountains Re Ltd., the reinsurance unit of White Mountains Insurance Group, announced that CFO Chuck Chokel would retire...
Risk Management Solutions announced from its London office that Munich Re is extending its “state-of-the-art” risk research and quantification capabilities...
Standard & Poor’s Ratings Services has affirmed its ‘AA-‘ ratings on Insurance Australia Group Ltd.’s (IAG) core operating companies, including...
Commercial insurance prices dropped four percent during the third quarter of 2008 compared to the same quarter a year ago,...
The American Tort Reform Foundation’s (ATRF) annual Judicial Hellholes report, released on Dec. 16, sheds a spotlight on some of...
Birmingham ,Ala.-based ProAssurance Corp. said it will acquire Mid-Continent General Agency for an undisclosed price. Mid-Continent is a managing general...
The Woodlands Financial Group (TWFG) announced that TWFG will offer replacement coverage for the homeowners business of Austin Indemnity Lloyds...
After-tax profits for the U.S. property and casualty industry through the first nine months of the year were $4.1 billion...
A former insurance executive was sentenced to two years in prison Tuesday for a scheme that prosecutors said allowed the...