Commissioners in Radnor Township, Pa. last month voted to end a plan to bill out-of-town motorists involved in traffic accidents...
P&C Companies News
Swiss Re announced that it has successfully placed its inaugural Sterling benchmark hybrid capital transaction of £500 million ($982 million)....
A.M. Best Co. has assigned a financial strength rating of “B++” (Good) and an issuer credit rating of “bbb” to...
A.M. Best Co. has affirmed the financial strength rating of “A+” (Superior) and the issuer credit rating (ICR) of “aa-”...
A.M. Best Co. has affirmed the issuer credit rating (ICR) of “bbb-” of New Zealand’s Tower Limited, as well as...
Bermuda-based Max Re Capital Ltd. announced that it has received regulatory approval from the Delaware Department of Insurance to acquire...
Seventeen U.S. insurance companies became financially impaired in 2006, despite a respite for property/casualty insurers from two consecutive turbulent hurricane...
U.S. Reps. Judy Biggert, R-Ill., and Barney Frank, D-Mass., introduced bipartisan legislation to revamp the National Flood Insurance Program that...
Swiss Re’s Commercial Insurance introduced its workers’ compensation coverage for small business owners in Texas to be delivered via its...
The Washington Senate has adopted an amendeed bill that insurance industry associations say will increase the number of lawsuits filed...