Florida Gov. Charlie Crist has signed into law a bill exempting certain commercial and professional liability insurance rates from state...
P&C Companies News
The U.S. Deepwater Horizon and Venezuelan Aban Pearl drilling rig losses have left upstream energy insurers with an unprecedented bill...
Marsh & McLennan, Kroll, Altegrity Marsh & McLennan Cos. Inc. agreed to sell investigations unit Kroll to a firm led...
Insurers are issuing catastrophe bonds again to complement traditional and cheaper reinsurance and to spread the risks in buying protection...
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings of “aa-” of...
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘B++’ (Good) and the issuer credit rating (ICR) of...
Florida officials have agreed to allow Bermuda-based reinsurer XL Re Ltd. to participate in Florida’s insurance marketplace under rules calling...
A.M. Best said it has downgraded the issuer-credit rating of New York-based Eveready Insurance Co. to “bb”, down from “bb+”....
Willis Re, the reinsurance arm of Willis Group Holdings announced the establishment of a new office in Toronto, Canada. The...
A new report from Marsh notes that “as demand grows from consumers, investors and governments for businesses to become more...