earnings News

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-”...

AON Reports Growth in Second Quarter

Aon Corporation reported second quarter dilutive earnings per share, before special charges and non-operating corporate segment revenue, of $0.47, up...

Meadowbrook Withdrawn

Standard & Poor’s has removed from Credit Watch and lowered its counter party credit and financial strength ratings on Star...

Lumbermens Mutual Casualty Cos

Standard & Poor’s has affirmed all outstanding interactive ratings on Lumbermens Mutual Casualty Cos. (the Kemper Insurance Cos., collectively Kemper)....

Fitch to Review Ratings

Over the next few weeks, Fitch plans to study the ratings on the property/casualty insurance and reinsurance companies in its...