Conseco Inc. is suing six of its own insurers, claiming they are attempting to dodge legitimate potential claims on directors...
earnings News
A.M. Best Co. affirmed the “A+” financial strength rating (FSR) of The St. Paul Companies Inc., property/casualty subsidiaries. Additionally, A.M....
Standard & Poor’s (S&P) lowered its counterparty credit and FSR on Farmers Insurance Exchange group to “AA-” from “AA+” and...
Fitch has lowered the senior debt rating of Horace Mann Educators Corp. to “A-” from “A” and affirmed the “AA-”...
S&P affirmed its “A” counterparty credit and FSR on four subsidiaries of PMA Capital Corp. (PMA Corp.): PMA Capital Insurance...
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...