Despite a second year of unprecedented catastrophe losses, increasing competition is already forcing underwriters to choose between sacrificing premiums, profit...
earnings News
Standard & Poor’s Ratings Services announced that it has affirmed its ‘A’ long-term counterparty credit and insurer financial strength ratings...
First Acceptance Corp., whose insurance subsidiaries provide nonstandard private passenger automobile insurance and operate in many states under the trade...
Bermuda-based Everest Re Group, Ltd. announced that its fourth quarter results would be adversely impacted by catastrophe losses, which it...
Leaders of the property/casualty insurance industry expect the investigations into certain industry practices by state attorneys general and insurance departments...
Joint investigations by the California Department of Insurance’s Fraud Division and the Imperial County District Attorney’s Office have resulted in...
Bermuda-based Platinum Underwriters Holdings Ltd. announced that it has amended the options issued to The St. Paul Travelers Companies, Inc.,...
Standard & Poor’s Ratings Services came down a bit harder on ACE Limited’s ratings than A.M. Best following the announcement...
A.M. Best Co. announced that it has revised the rating outlook to positive from stable of Switzerland’s Infrassure Ltd. and...
Hilb Rogal & Hobbs Company, an insurance and risk management intermediary, has acquired substantially all of the assets of Ed...