Fitch says it believes Tower's competitive position has been substantially reduced and has material concerns about Tower's ability to maintain current business.
A federal district court judge has dismissed numerous lawsuits filed by New Orleans-area residents against the Army Corps of Engineers related to 2005s Hurricane Katrina.
A federal district court judge in Mississippi rejected the effort of a Mississippi county to intervene in the state's lawsuit challenging NFIP rate hikes.
A federal district court judge in Mississippi rejected the effort of a Mississippi county to intervene in the state's lawsuit challenging NFIP rate hikes.
While Berkshires aggressive expansion in the excess and surplus lines space earlier this year through the hiring of top American International Group employees hasn't significantly altered the market yet, Fitch says it expects pricing implications related to this expansion to materialize in coming quarters.
While Berkshires aggressive expansion in the excess and surplus lines space earlier this year through the hiring of top American International Group employees hasn't significantly altered the market yet, Fitch says it expects pricing implications related to this expansion to materialize in coming quarters.
Profitability in the private U.S. property and casualty market rose sharply in the third quarter, and I.I.I. President Robert Hartwig says the industry on a firm trajectory for what will assuredly be its best year in the post-crisis era.