Standard & Poor’s Ratings Services reacted positively to the news that Berkshire Hathaway’s National Indemnity will initially back and could...
P&C Companies News
General Reinsurance, which is owned by Warren Buffett’s Berkshire Hathaway Inc., said it learned this week that the company is...
Standard & Poor’s Rating Services has assigned its “A+” counterparty credit and financial strength ratings to newly created, Dublin-based XL...
Bermuda’s XL Capital Ltd. has received approval for a new fully licensed European reinsurance company, XL Re Europe Limited, based...
Swiss Re duly applauded the decision by the United States Court of Appeals for the Second Circuit upholding the jury...
Northbrook, Ill.-based Allstate Corp., the second-largest U.S. personal-lines insurer behind State Farm, reported a $1.16 billion third-quarter profit Wednesday as...
The commercial property/casualty market continued to soften during the third quarter, with indications that some insurers are finding an appetite...
A.M. Best Co. has affirmed the financial strength rating of “A-” (Excellent) and the issuer credit rating of “a-” of...
California Insurance Commissioner John Garamendi announced that the Department’s Conservation and Liquidation Office will distribute a record $1.25 billion to...
The Hawaii Insurance Division has issued a memo to all motor vehicle insurance insurers authorized in the state that discriminatory...