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
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-”...
A jury has awarded $52.5 million to a Roseville, Minn. construction company that sued its Boston-based insurer for failing to...
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...
The National Association of Mutual Insurance Companies (NAMIC) announced it will oppose an amended regulator proposal to add federally-styled internal...
A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of “a-” of...
A new draft of the proposed national insurance catastrophe Plan created by the National Association of Insurance Commissioners was aired...
A.M. Best Co. has upgraded the financial strength rating to B+ (Very Good) from B (Fair) of Peace Hills General...