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A newly formed U.S. municipal bond insurer, ready to open its doors as soon as it gets credit ratings, expects to launch with about 50 employees and
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Prudential Financial Inc , the No. 2 U.S. life insurer, said it plans to sell $1.25 billion of common stock after turning down U.S. aid.
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A.M. Best Co. has downgraded the financial strength rating to B- (Fair) from B (Fair) and issuer credit rating to “bb-” from “bb” of American Resourc
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Aon Consulting Worldwide, the global human capital consulting organization of Aon Corp, has named Amol Mhatre as senior vice president of national re
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Bermuda-based run-off specialist Enstar Group Ltd. said its wholly owned subsidiary, Nordic Run-Off Ltd., will pay $28 million to acquire Copenhagen
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The Pennsylvania Insurance Department has approved a run-off plan submitted by Lincoln General Insurance Co., a subsidiary of Kingsway Financial Serv
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