The property/casualty insurance industry is employing advancements in catastrophe modeling and considering the impact of the creation of a national...
P&C Companies News
A.M. Best Co. has affirmed the financial strength ratings of ‘A’ (Excellent) and issuer credit ratings of “a” of Electric...
An insurer can’t cite the commonly used earth movement exclusion to deny coverage to an insured whose property was damaged...
As the 2009 hurricane season arrives, many homeowners are finding insurance is either more expensive, or harder to get. Homeowners...
Michigan is dropping objections to the sale of Chrysler LLC after the buyer agreed to assume Chrysler’s workers’ compensation liabilities....
Florida property/catastrophe reinsurance rates increased by 15 percent at the June 1, 2009, renewal, compared to a decline of 15...
A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating (FSR) of ‘A-‘...
The Supreme Court almost never takes up insurance related cases. Even so, President Obama’s recent nominee brings a long record...
A newly formed U.S. municipal bond insurer, ready to open its doors as soon as it gets credit ratings, expects...
Based on the recently revised projected claims-paying capacity of the Florida Hurricane Catastrophe Fund (FHCF), rating agency A.M. Best has...