earnings News

S&P Downgrades Acceptance Insurance Cos.

Standard & Poor’s took rating actions on Acceptance Insurance Companies Inc. (AICI) and its insurance operating subsidiaries. S&P downgraded American...

Citigroup Cuts Another 3,000 Jobs

In addition to the previously announced layoffs of 1,200 employees, Citigroup Inc. announced it will let go another 3,000 workers...

Ohio Casualty Group Lowered

A.M. Best Co. lowered the financial strength rating of the Ohio Casualty Group, Fairfield, Ohio, from “A” (Excellent) to “A-”...