Since the morning of Sept. 11, A.M. Best Co. has been gathering public and private information in order to assess...
earnings News
In addition to the previously announced layoffs of 1,200 employees, Citigroup Inc. announced it would let go another 3,000 workers...
Fitch completed the initial phase of its ratings review of insurance and reinsurance companies exposed to losses from the terrorist...
Cincinnati-based Midland Co. said fire and liability insurance losses from manufactured housing parks and dealerships would cut third-quarter earnings. Midland...
Standard & Poor’s commented recently on its CreditWatch placement of ratings on Hartford Financial Services Group Inc. (HFSG), Hartford Accident...
True Loss from Sept. 11 Terrorist Attacks on U.S. is Immeasurable, As Estimates of Potential Insured
“The World Trade Center is a living symbol of man’s dedication to world peace, his belief in cooperation of men...
The conversion of illegal funds into legitimate accounts and investments, commonly known as “money laundering,” is a growth business. According...
Standard & Poor’s (S&P) placed its “A+” counterparty credit and financial strength ratings on American Excess Insurance Exchange RRG (AEIX),...
A.M. Best Co. downgraded the financial strength rating (FSR) of Stockton Reinsurance Limited to “BB++” from “A-” and removed the...
S&P assigned its “BB-” senior unsecured debt rating to Conseco Inc’s $400 million in senior notes, which are due in...