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Policyholder surplus generated by U.S.-based property/casualty reinsurers in the first half of this year is slightly below the 2007 level, while net
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Despite estimates of $2 to $10 billion of insured losses, A.M. Best Co. does not expect the impact of Gustav alone to change the current competitive
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Automobile insurers criticized a plan by the Maryland Automobile Insurance Fund to reduce rates by 4.9%, saying the action by the state-backed insure
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A.M. Best Co. has affirmed the financial strength rating of A+ (Superior) and issuer credit rating of “aa” of Allianz S.p.A. (Italy). The outlook for
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Florida insurance regulators are proposing a rule that would require all health insurers in the state to use the same application forms for all small
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California health insurers' ability to rescind policies would be strictly limited under a bill that cleared the legislature over Labor Day weekend in
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If initial insured-loss estimates are correct, Hurricane Gustav will rank among the top 10 costly hurricanes to ever affect the United States.
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Preliminary observations indicate that Hurricane Gustav did not inflict the kind of severe blow to the U.S. energy infrastructure in the Gulf of Mexi
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