A.M. Best Co. has assigned a financial strength rating of B+ (Very Good) to Century Insurance Co. Ltd. (CIC) (Northern...
P&C Companies News
With the Terrorism Risk Insurance Act expiring at the end of this year, the National Conference of Insurance Legislators Task...
Max Re Ltd., has announced the following appointments in its insurance division. All appointments are still pending Bermuda Immigration approval....
Florida-based 21st Century Holding Co. announced that it is affirming its 2005 calendar guidance of $2.67 per share and setting...
Insurers who use credit scoring in underwriting and rate setting must take into consideration a recent security breach at the...
MMC Downsizing Plan Includes Dropping ‘Unprofitable’ Marsh Accounts But Not Selling Putnam or Mercer
Giant insurance broker Marsh, battered by regulators, soft market prices and competitors in 2004, plans on dropping thousands of unprofitable...
Bermuda-based Allied World Assurance Holdings Ltd. reported record net income of $103.0 million for the fourth quarter 2004, compared to...
Liberty Mutual Group reported net income of $565 million and $1.245 billion for the three and 12 months ended Dec....
General Reinsurance, a subsidiary of Berkshire Hathaway Inc., has been subpoenaed in an investigation of Reciprocal of America, a former...
Standard & Poor’s Ratings Services has upgraded Florida’s general obligation debt rating from “AA+” to “AAA.” The state says the...