Vesta Insurance Group, Inc. (NYSE:VTA) announced it is delaying its earnings release and previously scheduled conference call until Nov. 16....
P&C Companies News
A flurry of special dividends and a series of rate reduction announcements from auto insurers, coupled with increased competition and...
Between Atlantic hurricanes and Pacific typhoons, the 2004 storm season has already generated record catastrophe (CAT) losses which will reportedly...
A.M. Best Co. announced that it has assigned a rating of “bbb-” to the forthcoming $18 million of floating rate...
Despite an estimated 550 million euros ($711 million) in hurricane related claims, Munich Re, the world’s largest reinsurer, seems to...
ACE European Group Limited, the cornerstone of ACE’s London Market and European business, announced that it has received regulatory approval...
Platinum Underwriters Holdings, Ltd. became another casualty of the Florida hurricanes. The Bermuda-based insurer posted a net loss for the...
Marsh & McLennan Companies Inc. (MMC) today revealed it would lay off about 3,000 employees to reduce annual expenses by...
Insurance company leaders hope the industry will respond rationally to the financial effect of recent hurricanes and also use them...
The unfolding scandal has claimed one victim in South Carolina, and there could be others, according to two area newspapers....