A state-mandated catastrophe fund is not needed in New York, according to the American Insurance Association (AIA). “The creation of...
P&C Companies News
A jury has awarded $52.5 million to a Roseville, Minn. construction company that sued its Boston-based insurer for failing to...
The ACE Group of Companies reported that Standard & Poor’s Ratings Service has assigned its “A” long-term counterparty credit and...
A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) and assigned an issuer credit rating of “a-”...
Bermuda-based PartnerRe Ltd. reported that payment of a distribution on Capital Trust I Preferred Securities will be made on Dec....
An article published by Standard Poor’s Ratings Services stated that if Congress fails to renew or extend the Terrorism Risk...
A.M. Best Co. has upgraded the financial strength rating to B+ (Very Good) from B (Fair) of Peace Hills General...
The Association of Bermuda Insurers and Reinsurers has hired Bradley L. Kading to be its first president and executive director....
In a speechbefore the American Legislative Exchange Council’s (ALEC) States & Nation Policy Summit, Property Casualty Insurers Association of America...
The National Association of Mutual Insurance Companies (NAMIC) announced it will oppose an amended regulator proposal to add federally-styled internal...