Even before it announced record profits (see related article) Lloyd’s received good news from Fitch Ratings, who announced that it...
P&C Companies News
A.M. Best Co. has affirmed the financial strength rating (FSR) of “A-” (Excellent) and the issuer credit rating (ICR) of...
Recent “near term” hurricane prediction models based on five-year forecasts are being skewered by consumer groups urging state regulators to...
A woman and two sons who run a string of Detroit-area auto body shops have been charged with conspiracy, fraud...
In separate bulletins A.M. Best announced that it has downgraded the financial strength rating of The Steamship Mutual Underwriting Association...
Commissioners in Radnor Township, Pa. last month voted to end a plan to bill out-of-town motorists involved in traffic accidents...
Swiss Re announced that it has successfully placed its inaugural Sterling benchmark hybrid capital transaction of £500 million ($982 million)....
Equitas, the run-off vehicle established by Lloyd’s in 1996 to handle 1992 and prior years’ non-life liabilities, has completed its...
Standard & Poor’s Ratings Services has assigned its “A+” long-term counterparty credit and insurer financial strength ratings to Republic of...
The headline numbers were eye-popping: Allstate reported a record $5 billion profit for 2006. State Farm Insurance’s profit climbed 65...