First Responders Once upon a time, the excess and surplus line market was the safety valve of the insurance industry—the...
Hurricanes News
Even before Charley and Frances, insurers were fleeing the homeowners market for high-risk properties at an alarming pace. Over the...
Kelley Touts Innovation as Core Competitive Advantage Lexington Insurance Co., the excess and surplus line subisidiary of the American International...
Preliminary reports from insurers indicate that Hurricane Frances will produce significantly more claims than Hurricane Charley, but the average claim...
Standard & Poor’s Ratings Services revised its outlook on Clarendon National Insurance Co. and two of its subsidiaries—Clarendon America Insurance...
St. Paul Travelers Cos. announced that it estimated losses from Hurricane Charley to be about $140 million, after tax and...
A.M. Best Co. downgraded the financial strength rating to “B” (fair) from “B++” (very good) of Safeway Property Ins. Co.,...
Wasn’t it just about the time folks in Florida were catching their breath from Hurricane Charley that Frances came a...
Chicago-based insurer Unitrin Inc. announced that it expects that its net losses resulting from both Hurricanes Charley and Frances combined...
A.M. Best Co. placed the financial strength rating of “B” (fair) of Federated National Ins. Co. and the rating of...