Platinum Underwriters Holdings, Ltd. became another casualty of the Florida hurricanes. The Bermuda-based insurer posted a net loss for the...
earnings News
Marsh & McLennan Companies Inc. (MMC) today revealed it would lay off about 3,000 employees to reduce annual expenses by...
S&P lowered its counterparty credit rating on Aon Corp. to “BBB+/A-2” from “A-/A-2.” S&P also lowered its preferred stock rating...
Berkshire Hathaway Inc., the giant investment group run by Warren Buffet, reported a significant decrease in third quarter net earnings,...
S&P lowered its counterparty and financial strength ratings on Fireman’s Fund Insurance Co. (FFIC) and some of its rated subsidiaries,...
Rating downgrades in the property/casualty industry slowed in 2004 but continued to outpace upgrades for the fourth consecutive year, according...
New York Attorney General Eliot Spitzer’s filing on Oct. 14 of charges against giant insurance broker Marsh for alleged commercial...
New York Attorney General Eliot Spitzer’s filing on Oct. 14 of charges against giant insurance broker Marsh for alleged commercial...
New York Attorney General Eliot Spitzer’s filing on Oct. 14 of charges against giant insurance broker Marsh for alleged commercial...
Standard & Poor’s Rating Services lowered its counterparty credit rating on Marsh & McLennan Cos. (MMC) to “BBB+/A-2” from “A+/A-1.”...