The U.S. property/casualty industry recorded an underwriting profit of $13.2 billion during the first six months of 2005, a substantial...
earnings News
Cincinnati Financial Corporation today announced an estimate of $3 million for pretax catastrophe losses resulting from Hurricane Rita and updated...
A.M. Best Co. has affirmed the financial strength rating of A (Excellent) of AMI Insurance Limited (AMI) (Christchurch, New Zealand)....
Standard & Poor’s Ratings Services announced that it has raised its long-term counterparty credit and insurer financial strength ratings on...
Standard & Poor’s Rating Services announced that it has assigned its “BBB+” counterparty credit rating to IPC Holdings Ltd. and...
CNA Financial Corporation announced that its preliminary estimate of losses relating to Hurricane Katrina is approximately $280 million, after-tax. This...
A.M. Best Co. announced that it has affirmed the financial strength rating of “A” (Excellent) of Mexican insurer Seguros Inbursa,...
The Bermuda-based Arch Capital Group Ltd. announced that it expects 2005 third quarter operating earnings to be negatively impacted by...
HCC Insurance Holdings Inc. announced that the Houston-based property/casualty insurer estimates a gross loss of $70 million from Hurricane Rita...
Consumer Advocate Criticizes NCCI Recommendation; Suggests 22 Percent Workers’ Compensation Decrease
Even though the National Council on Compensation Insurance has doubled to 7.2 percent its suggested rate reduction in Florida, Allan...