PMA Withdraws From Re Biz; Execs ExitPMA Capital Corporationwhich earlier this month surprised ratings agencies with its decision to take a $150 million pretax charge ...
P-C Earnings Improve Amid ChallengesThe majority of property-casualty insurers posted strong earnings for their 2003 third quarter, and the p-c sector as a whole demonstrated ...
PMA Announces $150M Charge; Downgrades FollowPMA Capital Corporations disclosure last week that it will take a pretax charge of $150 million to strengthen reserves for ...
Rating Downgrades Still Dwarf UpgradesDespite improved operating performance in the property-casualty industry, two major ratings agencies have reported that their downgrades still outpace upgrades in ...
Moodys Lowers Atlantic Mutual RatingsMoody's Investors Service has lowered financial strength and surplus notes ratings of the Atlantic Mutual Companies, concluding its ratings review of ...
Safeco Posts Third-Quarter Loss; CEO Says Core Earnings StrongSafeco Corporation reported a third- quarter net loss of $28.9 million that it blamed on a previously ...
More States Examine Insurance Credit ScoringInsurers use of credit scores in the underwriting and rating process continues to stir up debates in various states.The issue ...
Experts Offer Advice On Attracting ReinsurersCarriers whose business is most attractive to reinsurers are those that are willing to make a long-term commitment, have good ...
Mutual Insurer Provides Tips For Handling Unprofitable AgentsNew Orleans Insurers seeking to turn around unprofitable agencies should help these firms set adequate prices and improve ...
Analyst: Three Insurers Helped By WTC RulingThe latest court ruling in the dispute over World Trade Center damage coverage is positive news for The Hartford, ...