Ratings agencies agree that Validus Holdings should not see significant negative repercussions from its proposed acquisition of Flagstone Reinsurance Holdings, as statements today indicate Validus ratings will remain unchanged.

Ratings agencies agree that Validus Holdings should not see significant negative repercussions from its proposed acquisition of Flagstone Reinsurance Holdings, as statements today indicate Validus ratings will remain unchanged.

Despite high catastrophes last year, reinsurers began 2012 in solid shape, but the companies benefited from factors that might not be present going forward, and the industry will need renewed focus on underwriting, ratings agencies say.

The month of August saw one major insurance brokerage firm acquire the property and casualty insurance brokerage operations of a bank, as USI Insurance Services announcing its acquisition of T.D. Insurance Inc.

The month of August saw one major insurance brokerage firm acquire the property and casualty insurance brokerage operations of a bank, as USI Insurance Services announcing its acquisition of T.D. Insurance Inc.

An insurance program aimed at aiding the smallest entrepreneurs in Haiti will make a significant payout to policyholders in the wake of Tropical Storm Isaac, insurers say.

An insurance program aimed at aiding the smallest entrepreneurs in Haiti will make a significant payout to policyholders in the wake of Tropical Storm Isaac, insurers say.

Tropical Storm Isaac continued to dump rain over Louisiana and parts of Mississippi today, flooding the areas around New Orleans, but the city itself experienced only minor flood-related issues.