earnings News

Unitrin Lowered

The financial strength rating of Unitrin Property and Casualty Insurance Group, a wholly owned subsidiary of Unitrin Inc., was lowered...

Commentary on First Half 2000 Results

The property/casualty insurance industry reported a statutory rate of return of 5.6 percent (on an annualized basis) during the first...

Brown Brown To Merge With Riedman

Brown & Brown has signed a definitive agreement to merge the insurance operations of Riedman Corporation into Brown & Brown,...

U.K. AUTO RATES ON THE RISE

Drivers in the U.K. face automobile insurance premium increases of 25 percent or more within the next 12 months, warned...

ECB Rate Rise Fails To Lift Euro

In a widely anticipated move the European Central Bank (ECB) raised its basic interest rate a quarter point from 4.25...

SCOR Reports Lower 1st Half Earnings

French reinsurer SCOR announced first half results which were somewhat lower than anticipated. Net earnings dropped from 1999’s €70 million...