A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of...
P&C Companies News
Colorado lawmakers voted down SB 103, the unfair claims practices act. The legislation was killed in the House Health and...
U.S. life insurers, already weakened by the global financial crisis, are expected to report their worst-ever quarterly results in the...
“Recent insurer downgrades and financial woes have raised the level of counterparty risk to buyers who are becoming increasingly concerned...
Trade credit insurer Coface notes that the current “credit crisis, which entered its second phase in the fourth quarter of...
The financial strength rating of Manchester, New Hampshire-based MEMIC Indemnity Co. as well as its Maine-based parent company have been...
In the midst of the financial turbulence, it’s easy to lose sight of longer-term trends. The economic downturn doesn’t necessarily...
Barry County Circuit Judge James Fisher issued an injunction on Friday, April 10, preventing Michigan insurance regulators from challenging insurance...
Arkansas Governor Mike Beebe has signed legislation that bans local governments from billing motorists for accident response services performed by...
Property/casualty insurers remained profitable in 2008 despite taking hits from several catastrophes, the recession and the ongoing financial crisis. P/C...