For the first time in many years the first quarter 2010 results of reinsurers will be worse than the results...
P&C Companies News
A.M. Best Co. has downgraded the financial strength rating to B+ (Good) from B++ (Good) and issuer credit ratings to...
The shortage of experienced property/casualty insurance underwriters is growing as senior underwriters retire and the issue is keeping carrier executives...
A.M. Best Co. affirmed the issuer credit rating (ICR) of “bbb+” of The Hartford Financial Services Group, Inc. with a...
California Insurance Commissioner Steve Poizner announced that 460 insurers have agreed in writing to a moratorium on future investments in...
Property/casualty insurers are expected to continue to handle costs for defective Chinese drywall claims in the normal course of business,...
South Dakota Governor Mike Rounds has vetoed legislation that would have prohibited insurers from recovering funds from liable parties and...
Famed U.S. investor Warren Buffett, already Munich Re’s biggest shareholder, has built up his stake in the world’s No. 1...
Two senior executives from AIG’s Asian operations plan to quit before Prudential’s planned $35.5 billion takeover, according to a source...
State regulators are taking control of some of U.S. bond insurer Ambac Financial Group Inc.’s worst assets, the company said...