The Property Casualty Insurers Association of America (PCI) elected new officers during its annual meeting in Boston today. Robert Joyce,...
P&C Companies News
Roughly 14,000 insurance claims have been filed as a result of last week’s fire and wind storms, according to the...
No one argues the need to revamp the regulatory structure of the insurance industry, but just how to reform regulation...
Standard & Poor’s Ratings Services said today that it affirmed its ‘BBB’ counterparty credit rating on Commerce Group Inc. and...
A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating of “a-” of...
Kansas could become the ninth state to allow a modernized rating system for personal lines of insurance. A state task...
An announcement from Munich Re notes that there “has been a steady rise in weather-related natural catastrophes during recent decades,...
Munich Re is acquiring the UK Company MSP Underwriting Ltd. for a figure it said is in the “mid double-digit...
Bishop Michael Cote of the Diocese of Norwich, Conn. says a settlement of $170,000 will be paid to a Pawcatuck...
With fewer catastrophe claims to pay, Hanover Insurance Group Inc.’s profit jumped 61 percent in the third quarter, the company...