A.M. Best Co. announced that it has downgraded the financial strength rating to “A” (Excellent) from “A+” (Superior) of American...
P&C Companies News
Standard & Poor’s Ratings Services announced that it has removed from CreditWatch and affirmed its “A+” counterparty credit and financial...
The shareholders’ equity of many insurers and reinsurers is coming under greater pressure than anticipated as P/C losses from the...
The New York State Workers Compensation Security Fund, which officials last month predicted would run out of money by the...
Bermuda-based Endurance Specialty Holdings Ltd. reported net income of $113.1 million or $1.71 per diluted share for the fourth quarter...
Bermuda-based Montpelier Re Holdings Ltd. reported net income of $102.4 million, or $1.53 diluted earnings per share, for the three...
A.M. Best Co. announced that it has assigned indicative ratings of “bbb” to senior unsecured notes, “bbb-” to subordinated notes,...
A.M. Best Co. announced that it has affirmed the financial strength rating of “B++” (Very Good) and the issuer credit...
ProBuilders Specialty, a risk retention group managed by NationsBuilders Insurance Services, has entered a number of the New England states...
An insurance company is refusing to cover losses at WebMD, asserting it has no responsibility because senior executives knew about...