Florida’s biggest private insurer of property, State Farm Florida, has told Gov. Charlie Crist it would “be willing to re-examine...
earnings News
An Alabama state judge has ordered former HealthSouth CEO Richard Scrushy to pay nearly $2.9 billion to shareholders who sued...
The property and casualty insurance industry is projected to be smaller, in dollar terms, once the current financial crisis is...
A.M. Best Co. has downgraded the financial strength rating to B (Fair) from B+ (Good) and issuer credit rating to...
Standard & Poor’s Ratings Services has assigned its ‘A+’ counterparty credit and financial strength ratings to Everest Reinsurance Co. (Ireland)...
Standard & Poor’s Ratings Services has affirmed its ‘BBB-‘ counterparty credit rating on Max Capital Group Ltd. and removed it...
The years-long struggle between the State of Texas and State Farm Insurance Company over homeowners insurance overcharges may be coming...
A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating (ICR) of “a-”...
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘B++’ (Good) and upgraded the issuer credit rating (ICR)...
Property/casualty insurers and reinsurers rely more than ever on the expertise of actuaries at a point in the cycle when...