Markets/Coverages News

Prime to Write N.M. Surplus Lines

The Prime Insurance Syndicate Inc. has received approval to write surplus lines insurance business in the state of New Mexico...

USAA Cuts Auto Rates in N.Y.

New York Superintendent of Insurance Howard Mills today announced that the USAA Group will reduce its automobile insurance rates an...

S&P Raises If P&C Ratings to ‘A’

Standard & Poor’s Ratings Services announced that it has raised its long-term counterparty credit and insurer financial strength ratings on...

Arch Gives Q3 Loss Estimates

The Bermuda-based Arch Capital Group Ltd. announced that it expects 2005 third quarter operating earnings to be negatively impacted by...