Two associations have responded to Commissioner John Garamendi’s recent accusations that the insurance industry’s rating practices are “blatantly discriminatory” and...
P&C Companies News
A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) and has assigned issuer credit ratings (ICR) of...
CHICAGO–Aon Corp. saw its shares leap 15 percent after the world’s second-largest insurance brokerage reported quarterly profits that far exceeded...
As an increasing number of state regulators conduct inquiries and tighten accounting rules and reporting requirements for finite reinsurance transactions,...
The Michigan Association of Insurance Agents said that Gov. Jennifer Granholm’s plan to revise the state’s Single Business Tax will...
MASSACHUSETTS Safe Driver Plan Revised: Massachusetts Insurance Commissioner Julie M. Bowler has approved changes in the way drivers receive discounts...
The American Insurance Association commended Sen. Christopher Dodd (D-Connecticut) and Sen. John Warner (R-Virginia) for their sponsorship of S. 795,...
Black Diamond Group, a merchant bank specializing in insurance industry investments, announced the appointment of Texas Insurance Commissioner Jose Montemayor...
Most South Dakota employers will see their workers’ compensation rates fall this year, according to Gov. Mike Rounds. Efforts to...
The insurance industry, already under scrutiny in some segments by state and federal authorities for various compensation, reinsurance, bid-rigging and...