A.M. Best Co. announced that it has assigned indicative ratings of “a” senior debt, “a-” subordinated debt, “a-” preferred securities...
Economy News
Insurance company failures declined 48.9 percent to 23 in 2002, from 45(1) in 2001, according to Weiss Ratings, Inc. Three...
Calif. Insurance Commissioner John Garamendi recently delivered his inaugural speech on Jan. 6, 2003, as he took the Oath of...
New York Superintendent of Insurance Gregory Serio has issued guidance to the industry on the Federal Terrorism Bill. Circular Letter...
According to speakers at the Society of Insurance Research’s annual meeting, the strategic challenges confronting insurers include the rapid pace...
In a somewhat surprising, but not entirely unexpected move, Henning Schulte-Noelle announced he is stepping down from his position as...
Thanks to strong premium growth and lower catastrophe losses, the U.S. property/casualty industry earned $9.3 billion in net income after...
The Coalition For Auto Insurance Competition, an alliance of insurance and other business associations, announced plans to circulate a petition...
Germany’s Allianz announced that it would report a net loss for the third quarter of 2.5 billion Euros ($2.525 billion)...
As the end of 2002 nears, it is the time to look back over the past year and to reflect...