The financial strength of the U.S. property/casualty insurance industry remained strong over the past year, maintaining the operating momentum achieved...
Hurricanes News
Standard & Poor’s Ratings Services announced that it has lowered its counterparty credit and financial strength ratings on Transatlantic Reinsurance...
The London office of Standard & Poor’s Ratings Services announced that it has “affirmed its ‘A’ long-term counterparty credit and...
Home and car owners in Louisiana have filed 1,309 complaints against their insurance companies since hurricanes Katrina and Rita, and...
Jackson-based Mississippi Farm Bureau Mutual Insurance has announced that the strain of paying $450 million in claims after Hurricane Katrina...
The Property Casualty Insurers Association of America (PCI) announced it is urging Louisiana Gov. Kathleen Blanco to sign SB 44,...
A four-story high pile of Hurricane Wilma debris caught fire on Wednesday at a staging area on Dove Avenue in...
A.M. Best Co. has issued a study, which concludes that catastrophic loss, both natural and man-made, is “the number one...
The insurance industry’s response to Hurricanes Katrina and Rita has been “too slow” and the job of adjusting claims is...
A.M. Best Co. has downgraded the financial strength rating (FSR) to B++ (Very Good) from A- (Excellent) of Omega Insurance...