A.M. Best Co. announced that it has affirmed the financial strength rating of “A-” (Excellent) and the issuer credit rating...
Hurricanes News
Standard & Poor’s Ratings Services announced that it has assigned its preliminary “BBB” senior debt, “BBB-” subordinated debt, “BB+” junior...
The Lloyd’s delegation, currently attending the World Economic Forum in Davos, Switzerland, will be part of a panel discussion examining...
The National Flood Insurance Program (NFIP) says it needs to borrow an additional $5.6 billion to cover claims and expenses...
The wait for federal standards for home building is hampering Louisiana’s hurricane reconstruction efforts, according to Louisiana Gov. Kathleen Blanco....
Massachusetts is facing a shortage of insurance capital that could jeopardize the state’s entire economy, especially if a major storm...
U.S. property/casualty insurers are expected to pay homeowners and businesses a record $56.8 billion for 2005 insured property losses from...
An update describing local, state and national industry and government issues, focusing on the latest legislative topics affecting the insurance...
U.S. Senator Elizabeth Dole told the Senate Banking Committee on proposals to reform the National Flood Insurance Program, meeting in...
Members of the Association of Fire And Casualty Companies of Texas (AFACT) are recommending new bonding measures that would prepare...