The Cycle Turns for Marsh Mac as N.Y. States Strikes $850M Deal for Charges Life goes in cycles. Everything and everybody from the cosmos down to the lowliest plant follows a certain rhythm–businesses and economies included. Only one stock (General …
The biggest builders of personal computers (PC) and typical property/casualty (P/C) agencies are alike in many ways. These similarities extend far beyond the simple truth that both sell something of value to the general public. Virtually every hardware manufacturer must …
Risk retention groups have maintained their record rate of formations, with 54 RRGs formed this year as compared to 58 formed in 2003–a year that set an all time record. The high number of RRGs formed in 2004 continues to …
Fitch Ratings has affirmed the ‘A-‘ long-term issuer rating on GE Insurance Solutions Corp. and the ‘A-‘ ratings on GE Insurance’s senior unsecured notes. Fitch has also affirmed the ‘AA-‘ insurer financial strength rating on GE Insurance’s subsidiary, Employers Reinsurance …
S&P affirmed its “BBBpi” counterparty credit and financial strength ratings on National Lloyds Insurance Co. Also, it raised its counterparty credit and financial strength ratings on American Summit Insurance Co. to “BBBpi” from “BBpi.” According to S&P, the ratings reflect …
S&P assigned its “R” financial strength rating to Cascade National Insurance Co. after the Washington State Insurance Department placed the company under receivership on the basis of inadequate capital, effective November 2004. The Washington State Department of Insurance stated the …
Standard & Poor’s Ratings Services affirmed its “BBBpi” counterparty credit and financial strength ratings on Employers Mutual Casualty Co. and related pool members. S&P also raised its counterparty credit and financial strength ratings on EMC Reinsurance Co. to “BBBpi” from …
A.M. Best Co. affirmed the financial strength rating “A-,”excellent, of Island Heritage Insurance Co. Ltd., based in the Cayman Islands, and removed the rating from under review. The outlook is stable. This rating action follows Best’s review of Island Heritage’s …
Insurance and Related Services Marsh Inc.–risk management, risk consulting, insurance brokerage, financial solutions, and insurance program management services. Over the years Marsh has acquired many companies, including the U.K.’s Sedgwick Group and its claims management services; Johnson & Higgins; Victor …
Transportation safety plays a huge part in just about everyone’s lives. There are rules for highways, rules for drivers, rules for kids, rules for railroads, and of course, more safety rules for the sky. Each regulation and safety recommendation could …
