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Pointing to a “difficult financial climate,” specialist Lloyd’s insurer Chaucer Holdings plc reported a 2008 pretax loss of 26.2 million pounds (28.4
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The American Academy of Actuaries plans an 11 a.m. press conference on risk pooling and health care reform in individual and small-group health insur
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United America Indemnity Ltd. said it has priced its $100 million rights offering at $3.50 per share, and plans to re-domicile in Switzerland.
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The Texas Department of Insurance reported enforcement actions that became final in January 2009 include two license revocations, two license denials
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Pacific Specialty Property and Casualty Company, the Texas affiliate of California-based Pacific Specialty Insurance Company (PSIC) announced a new s
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A.M. Best Co. has withdrawn the financial strength rating (FSR) of 'A-' (Excellent) and issuer credit rating (ICR) of "a-" of GMAC Direct Insurance C
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Austin, Texas-based Combined Agents of America LLC (CAA) announced it has expanded outside of Texas with two new members, Ed Berrong Insurance Agency
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A.M. Best Co. has assigned indicative debt ratings of "bbb" to senior unsecured debt, "bbb-" to subordinated securities and "bb+" to preferred stock,
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