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A.M. Best Co. has downgraded the financial strength ratings (FSR) to C++ (Marginal) from B- (Fair) and issuer credit ratings (ICR) to “b” from “bb-”
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Manulife Financial Corp. is borrowing C$3 billion (US$2.52 billion) from six Canadian banks as the giant Canadian life insurer reported a steep decli
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Separated by just 1,781 votes from Republican incumbent Adam Hamm, Democratic candidate for North Dakota Insurance Commissioner Jasper Schneider was
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A.M. Best Co. has commented that the ratings and outlook of ProAssurance Corporation’s (PRA) [NYSE: PRA] insurance subsidiaries remain unchanged foll
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While no single issue tied together the five state insurance commissioner elections, one consistent theme emerged on Election Day 2008.
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U.S. prosecutors in New York said Thursday they would not seek criminal charges against former New York Gov. Eliot Spitzer for his involvement in a p
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Shares of Ambac Financial Group Inc. lost more than a fifth of their market value Thursday, amid concern about the bond insurer's capital position. T
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