Fitch Ratings assigned a “B-” Long-Term issuer rating to Acceptance Insurance Companies Inc. (Acceptance) and a “CCC+” rating to Acceptance’s...
earnings News
Alabama-based Vesta Insurance Group announced a $6.2 million loss from catastrophes for the second quarter of 2002. Vesta’s net operating...
WorldCom’s recent revelations of accounting irregularities that resulted in the company overstating pretax profits by nearly $4 billion in 2001...
Munich Re, the world’s largest reinsurer, announced several measures to strengthen its reserves in order to anticipate possible additional claims...
A.M. Best Co. placed the “A” (Excellent) financial strength rating of PMA Capital Insurance Company and the “A-” (Excellent) rating...
Meadowbrook Insurance Group Inc.’s group rating of its insurance company subsidiaries has been upgraded to “B+” (Very Good), with a...
The Midland Company, a provider of specialty insurance products and services based in Cincinnati, reported gains in revenue and earnings...
A.M. Best Company has affirmed an A+ (Superior) rating of Houston-based HCC Insurance Holdings, Inc. group of companies, consisting of...
Standard & Poor’s has assigned its preliminary triple-‘B’-plus senior debt, triple-‘B’ subordinated debt, and triple-‘B’-minus preferred stock ratings to Seattle-...
Illinois-based RLI Corp.’s second quarter results generated net earnings of $10.0 million ($.97 per diluted share), compared with $8.2 million...