Across the country and in most Midwestern states, insurance companies are facing the growing phenomenon of cash-strapped municipalities billing insurers...
P&C Companies News
Risk experts are warning insurance companies that they may be underestimating their risk if they assume that a new influenza...
Los Angeles-based Mercury General Corp. reported slightly lower net income for the first quarter of 2006 —$58.6 million, or $1.07...
Standard & Poor’s Ratings Services announced that it has lowered its counterparty credit and financial strength ratings on Insurance Corp....
Bermuda-based property reinsurer PXRE Group Ltd. announced that its net income before convertible preferred share dividends was $41.6 million for...
News Currents Alaska legislators concluded the 2006 regular session this month and in the final hours rejected a bill opposed...
Michigan-based North Pointe Holdings Corp. recently reported financial results for the first quarter ending March 31, 2006. Net income was...
S. Fla. agent sold ‘bogus’ policies The license of South Florida insurance agent, Gordon Arthur Esses of Aventura, Fla. has...
Strong capitalization, sound risk management and efficient global risk sharing enabled the U.S. property/casualty insurance industry to withstand record-setting catastrophe...
Arizona lawmakers pass security breach legislation The Arizona legislature has passed security breach legislation that would provide notice to consumers...