Utility holding company Entergy Corp. reported that its damages from hurricanes Katrina and Rita totaled $1.5 billion and predicted its...
P&C Companies News
A former chairman and chief executive officer of Credit Lyonnais pleaded guilty Thursday afternoon to two felony charges of causing...
On Jan. 9, 2006, the Supreme Court of New Mexico upheld arson exclusion language by ruling that “vandalism and malicious...
The National Association of Mutual Insurance Companies (NAMIC) said it will oppose a Colorado bill that would mandate emergency medical...
Missouri’s Cole County Circuit Court has ruled that despite a legislative drafting error, the workers’ compensation reforms enacted last year...
Mercury General Corp. has revised its estimate of losses caused by Hurricane Wilma. On Oct. 24, 2005, Hurricane Wilma made...
The Property Casualty Insurers Association of America (PCI) testified in Olympia, Wash., in support of two bills that would create...
A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating (ICR) of “a-”...
Standard & Poor’s Ratings Services announced that it has affirmed its “A-” long-term counterparty and insurer financial strength ratings on...
Benfield, the U.S.-U.K.-based international reinsurance broker and risk intermediary, has issued a comprehensive 82-page report on the current climate in...