S&P affirmed its “A” counterparty credit and FSR on four subsidiaries of PMA Capital Corp. (PMA Corp.): PMA Capital Insurance...
earnings News
Anglo-Swiss group Zurich Financial Services announced first half results that were largely in line with its announcements in February and...
Bermuda-based XL Capital Ltd. announced that it had privately placed $250 million worth of convertible debentures to fund its repurchase...
In addition to the previously announced layoffs of 1,200 employees, Citigroup Inc. announced it would let go another 3,000 workers...
A.M. Best Co. downgraded the financial strength rating of “A++” (Superior) to “A” (Excellent) for Fireman’s Fund Insurance Companies (FFIC),...
Standard & Poor’s addressed the recent weakness in the Japanese stock market, stating that “the current level of Japanese stock...
Argonaut Group, Inc. has completed the previously announced acquisition of Front Royal, Inc., an insurance holding company headquartered in Morrisville,...
Jim Hickey, the founder of the Environmental Insurance Agency in Portland, described environmental claims in general and asbestos claims in...
In addition to the previously announced layoffs of 1,200 employees, Citigroup Inc. announced it will let go another 3,000 workers...
S&P took rating actions on Acceptance Insurance Companies Inc. (AICI) and its insurance operating subsidiaries. S&P downgraded American Growers Insurance...