Kinston, N.C.-based Discovery Insurance Co.received a financial strength rating upgrade. A.M. Best Co. upgraded Discovery to B- (Fair) from C++...
P&C Companies News
Preferred Professional Insurance Co. (PPIC), an Omaha-based Catholic-owned medical liability insurance firm, recently announced two additions to its staff: Tricia...
A federal prosecutor urged a jury in Hartford on Monday to follow the money and convict five former insurance company...
Bermuda- based Validus Holdings Limited reported net income for the quarter ended December 31, 2007 of $139.0 million, or $1.77...
The Bermuda-based Arch Capital Group Ltd. reported that net income available to common shareholders for the 2007 fourth quarter was...
A.M. Best Co. has assigned a financial strength rating of ‘A ‘(Excellent) and issuer credit rating (ICR) of “a” to...
According to findings from a recently released survey conducted by Accenture, “more than three-quarters of large European insurers expect to...
Minneapolis-based Collins is expanding its services as a reinsurance intermediary to Europe. President and CEO Pat Denzer announced that the...
Quarterly profits at Marsh & McLennan dropped 62 percent, as fourth quarter and annual revenues rose 8 percent. The giant...
While American International Group Inc. sought to downplay its miscalculation of losses on a derivatives portfolio as not “material to...