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A.M. Best Co. has downgraded the financial strength ratings (FSR) to B (Fair) from B+ (Good) and issuer credit ratings (ICR) to “bb+” from “bbb-”of M
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The National Association of Insurance Commissioners has hired Pimco, a unit of Allianz SE, as a third-party financial modeler to help state regulator
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General Growth Properties , the giant mall operator that filed for bankruptcy in April, said on Thursday it had reached an agreement with lenders to
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Cigarette maker Lorillard Inc. has begun seeking a successor to Chief Executive Martin L. Orlowsky, whose contract expires next year, the company sai
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A private forecast of economic activity over the next six months edged up less than expected in October, signaling slow growth next year.
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A.M. Best Co. has affirmed the financial strength rating (FSR) of A- (Excellent) and issuer credit rating (ICR) of “a-” of Flagstone Reinsurance Afri
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