A.M. Best Co. has downgraded the debt rating to “bb+” from “bbb” on the $350 million non-cumulative perpetual preferred securities...
P&C Companies News
A proposal by Michigan Governor Jennifer Granholm to create a state automobile and homeowner insurance consumer advocate is being called...
Fitch Ratings announced that it has downgraded the following ratings on Security Capital Assurance Ltd. (SCA) and its financial guaranty...
Following its decision to downgrade SCA and XL’s financial guaranty subsidiaries, Fitch Ratings announced that it has also downgraded XL...
The two largest auto insurance writers in Massachusetts have been given the green light to use the rates they filed...
Legislation that would prohibit insurers’ use of credit information narrowly advanced out of the Colorado House Business Affairs and Labor...
Massachusetts’ top securities regulator on Wednesday said he issued subpoenas to a pair of municipal bond insurers, seeking information on...
Shares of bond insurers rose sharply Thursday on hopes the sector could receive support from a possible bailout orchestrated by...
Standard & Poor’s Ratings Services has withdrawn its ‘BB+’ rating on Concord Re Ltd.’s $365 million bank loan. The company...
In a preliminary earnings announcement Germany’s Allianz SE said it expects net income for 2007 to be around €8 billion...