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By Reuters |
May 1, 2012
Property and casualty insurer Hanover Insurance Group Inc posted a quarterly profit above Wall Street estimates for the third time on the trot, helped by lower catastrophe losses and firming insurance rates.
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By Mark E. Ruquet, PropertyCasualty360.com |
March 27, 2012
According to data compiled by SNL Financial LC, Johnston, R.I.-based mutual property insurer FM Global reported a net loss of $32 million for 2011 compared to net income of more than $767 million for the prior year.
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By Reuters |
December 29, 2011
U.S. property and casualty insurer ACE Ltd said it bought a general insurance company in Ecuador for $55 million to enhance its base in the country.
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By Reuters |
November 28, 2011
Reinsurer Validus Holdings on Monday withdrew its offer for peer Transatlantic Holdings, ending a months-long hostile takeover battle.
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By Reuters |
November 23, 2011
Key milestones in the battle for Transatlantic, presented in a timeline. Alleghany Corp. and Transatlantic have agreed on a $3.4 billion cash-and-stock deal.
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By Reuters |
October 19, 2011
Property and casualty insurer RLI Corp. posted a quarterly profit that beat market expectations, helped by a jump in casualty underwriting income.
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By Staff Writer |
September 26, 2011
Nationwide Mutual Insurance Co. may be in talks to acquire Harleysville Group based in Pennsylvania, according to a report from Bloomberg.
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By Joan E. Collier, PropertyCasualty360.com |
September 23, 2011
Read fresh information and recaps of this month's news about Florida's people, places, and products.
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By Staff Writer |
August 30, 2011
The Main Street America Group, a super regional property & casualty insurer based in Jacksonville, Fla., has promoted three executives to new positions.
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By Chad Hemenway, PropertyCasualty360.com |
April 20, 2011
Michigan insurers Auto Club Insurance Association and Fremont Michigan InsuraCorp Inc. have agreed to merge.
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