A.M. Best Co. announced that it has affirmed the financial strength rating of “A” (Excellent) of Toronto-based GCAN Insurance Company...
P&C Companies News
OdysseyRe Holdings Corp. announced that it has completed the previously announced sale of 4,100,000 shares of its common stock, at...
Heavy rains overnight caused severe flooding in parts of the U.K. The worst affected areas were in southwestern Scotland, west...
Ohio Casualty Corporation announced that it estimates total net catastrophe losses for third quarter 2005 to be approximately $11.6 million...
Maintaining its position that such measures are unwarranted for mutual insurers, the National Association of Mutual Insurance Companies (NAMIC) was...
Illinois-based Horace Mann Educators Corporation estimates its financial impact from Hurricanes Katrina and Rita will total approximately $29 million to...
Connecticut Attorney General Richard Blumenthal, whose targets as the state’s top prosecutor have included the insurance industry, has said he...
HCC Insurance Holdings Inc. has agreed to acquire MIC Life Insurance Corporation from Motors Insurance Corporation, a subsidiary of GMAC...
Maryland Insurance Commissioner Alfred W. Redmer is leaving his state job to become chief executive officer of Coventry Health Care,...
Bermuda’s Max Re Capital Ltd. announced that it has entered into an will sell 11,000,000 of its common shares in...