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- A.M. Best Revises Ratings Outlook to Negative from Stable on Hanover Fire and Casualty Insurance Company
- OLDWICK, N.J. -- A.M. Best Co. has affirmed the financial strength rating FSR of B+ Good and the issuer credit rating ICR of bbb- of Hanover Fire and Casualty Insurance Company (Conshohocken, Pennsylvania). The outlook on both ratings has been revised to negative from stable.
- Research articles 2008-05-27
- A.M. Best Upgrades Ratings of Southern Pioneer Property & Casualty Insurance Company
- OLDWICK, N.J. -- A.M. Best Co. has upgraded the financial strength rating FSR to B++ Good from B+ Good and issuer credit rating ICR to "bbb+" from "bbb-" of Southern Pioneer Property & Casualty Insurance Company Southern Pioneer (Jonesboro, AR). The outlook for both ratings is stable.
- Research articles 2008-03-28
- A.M. Best Places Ratings of Echelon Property & Casualty Insurance Company Under Review with Developing Implications
- OLDWICK, N.J. -- A.M. Best Co. has placed the financial strength rating of B- Fair and the issuer credit rating ICR of "bb-"of Echelon Property & Casualty Insurance Company (Echelon P&C) (Chicago, IL) under review with developing implications.
- Research articles 2008-03-13
- Not the merriest of Mays, but also not the gloomiest. (property/casualty insurer stocks after the Los Angeles, CA riots) (Month in Insurance Stocks) (Industry Overview)
- Property and casualty insurance company stocks did not drop as much as expected after the Apr-May 1992 Los Angeles, CA, riots. Over $750 million will be paid to policyholders as a result of damage done during the riots, and the share prices of major CalifProperty and casualty insurance company stocks...
- Research articles 1992-06-15
- The Crisis in the Property Insurance Industry
- The property and casualty insurance industry is, just as any industry, in business to make a profit. This means that for any individual insurance company, the premium dollars received must equal the losses paid out, plus a margin for the cost of doing business and profit. It may not be...
- White papers 2003-01-01
Additional Resources
- S&P Announces: Mercury Casualty Co. and Affiliates Ratings Affirmed; Outlook Stable
- NEW YORK -- On July 12, 2004, Standard & Poor's Ratings Services affirmed its 'AA' counterparty credit and financial strength ratings on Mercury Casualty Co. and Mercury Insurance Co. as well as its 'AA' financial strength rating on Mercury Insurance Co. of Florida. At the same time, Standard & Poor's...
- Research articles 2004-07-12
- Gulf Insurance Group and Frontier Insurance Group Reach Agreement
- Business Editors NEW YORK--BUSINESS WIRE--July 20, 2000 -- Gulf To Acquire Renewal Rights to Frontier's Environmental, Excess and Surplus Lines Casualty Businesses and Certain Classes of Surety -- Gulf Insurance Group, a member of Travelers Insurance, and Frontier Insurance Group, Inc. (NYSE: FTR), announced today that they...
- Research articles 2000-07-20
- A.M. Best Downgrades Rating of Southern Farm Bureau Casualty Group and Removes Separately Rated Subsidiaries From Under Review
- OLDWICK, N.J. -- A.M. Best Co. has downgraded the financial strength rating FSR to A+ Superior from A++ Superior of Southern Farm Bureau Casualty Group Southern Casualty (Ridgeland, MS). Southern Casualty consists of Southern Farm Bureau Casualty Insurance Company, Farm Bureau County Mutual Insurance Company of Texas and Louisiana Farm...
- Research articles 2006-06-16
- Universal Insurance Holdings, Inc. Announces Approval to Write Property and Casualty Insurance in Hawaii
- Universal Insurance Holdings, Inc. (AMEX: UVE), a vertically integrated insurance holding company, announced that its subsidiary Universal Property and Casualty Insurance Company UPCIC, has received approval from the insurance division of Hawaii's Department of Commerce and Consumer Affairs to write property and casualty insurance in the state of Hawaii. ...
- Research articles 2008-08-26
- Universal Insurance Holdings, Inc. Announces Approval to Write Property and Casualty Insurance in North Carolina
- Universal Insurance Holdings, Inc. (AMEX: UVE), a vertically integrated insurance holding company, announced that its subsidiary Universal Property and Casualty Insurance Company UPCIC, has received approval from North Carolina's Department of Insurance to write property and casualty insurance in the state of North Carolina. UPCIC intends to file for...
- Research articles 2008-10-20
- Property And Casualty Insurance Underwriter
- The Property and Casualty Insurance Underwriter job description template includes the following job summary: To appraise and select commercial Property and Casualty (P & C) risks that the insurance company may insure, recommending whether an applicant is an acceptable risk or not. Underwrites policies for property and casualty loss, workers'...
- Tools & templates 2007-09-09
- A.M. Best Upgrades Ratings of Affirmative Insurance Company and Insura Property and Casualty Insurance Company, Inc
- OLDWICK, N.J. -- A.M. Best Co. has upgraded the financial strength ratings to B+ Very Good from B Fair of Affirmative Insurance Company and Insura Property and Casualty Insurance Company, Inc., both members of the Affirmative Insurance Group (all of Bedford Park, IL). The ratings have been removed from under...
- Research articles 2004-07-12
- Atlantic American Corporation Reports Closing of Sale of its Regional Property and Casualty Operations and Fourth Quarter and Year End Results
- ATLANTA -- Atlantic American Corporation (Nasdaq: AAME) reported that today it closed the sale of its regional property and casualty operations (including Association Casualty Insurance Company, Association Risk Management General Agency, Inc. and Georgia Casualty & Surety Company) to Columbia Mutual Insurance Company of Columbia, Missouri. The sale was originally...
- Research articles 2008-03-31
- A.M. Best Affirms Ratings of Safety Group and Safety Insurance Group; Assigns Ratings to Safety Property and Casualty
- OLDWICK, N.J. -- A.M. Best Co. has affirmed the financial strength rating FSR of A Excellent and the issuer credit ratings ICR of "a" of Safety Group Safety and its inter-company pool members, Safety Insurance Company Safety Insurance and Safety Indemnity Insurance Company Safety Indemnity. In addition, A.M. Best has...
- Research articles 2007-04-02
- A.M. Best Affirms and Assigns Ratings to Ancon Insurance and Petroleum Casualty Group
- OLDWICK, N.J. -- A.M. Best Co. has affirmed the financial strength rating FSR of A+ Superior and assigned issuer credit ratings ICR of "aa" to the Ancon Insurance and Petroleum Casualty Group. These ratings apply to Ancon Insurance Company, Inc. Ancon Vermont and its reinsured affiliate, Petroleum Casualty Company PCC...
- Research articles 2007-11-12
- Boston-based insurer Liberty Mutual Group has completed its buyout of Ohio Casualty Corp. and officially acquired the company, according to a company statement.(Mergers & Acquisitions)
- Boston-based insurer LIBERTY MUTUAL GROUP has completed its buyout of OHIO CASUALTY CORP. and officially acquired the company, according to a company statement. Fairfield, Ohio-based ... Boston-based insurer LIBERTY MUTUAL GROUP has completed its buyout of OHIO CASUALTY CORP. and officially acquired the company, according to...
- Research articles 2007-10-01
- Aon Corporation Explores Strategic Alternatives for its Warranty, Credit Insurance and Property & Casualty Businesses.(Company Profile)
- CHICAGO, November 15 /PRNewswire/ -- Aon Corporation (NYSE: AOC) is exploring strategic alternatives relating to the ownership of its warranty, credit insurance and property & casualty underwriting businesses. CHICAGO, November 15 /PRNewswire/ -- Aon Corporation (NYSE:...
- Research articles 2005-11-15
- A.M. Best Upgrades Ratings of Companion Property and Casualty Group
- OLDWICK, N.J. -- A.M. Best Co. has upgraded the financial strength rating FSR to A Excellent from A- Excellent and the issuer credit ratings ICR to "a" from "a-" of the Companion Property and Casualty Group Companion, which consists of Companion Property and Casualty Insurance Company (Columbia, SC) and its...
- Research articles 2008-05-28
- Liberty Mutual's buy of Ohio casualty could trigger more insurance mergers.(Companies)
- Liberty Mutual, the eighth-largest property/casualty insurer in the United States, said it is acquiring the publicly traded Fairfield, Ohio, property/casualty insurer Ohio Casualty Corp. for approximately $2.7 billion and is taking the company privat Liberty Mutual, the eighth-largest property/casualty insurer in the United States, said...
- Research articles 2007-06-01
- KKR said to be suitor for Aetna's P&C.(Kohlberg, Kravis, Roberts and Company L.P., Aetna Life and Casualty Co.'s property and casualty insurance operations)
- The guessing game as to who ill acquire the property and casualty operations of Aetna Life & Casualty continues, although the Wall Street Journal reported last week that Kohlberg Kravis Roberts & Co., the New York firm specializing in compan The guessing game as to...
- Research articles 1995-11-20
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