In this weekly segment, we bring you the top stories from PropertyCasualty360.com for the week. Click to see the top stories for the week of September 17, 2012.
White Mountains Insurance Group Ltd has filed a federal lawsuit against peer Allstate Corp over the 2011 sale of the online auto insurer Esurance, alleging that Allstate inappropriately lowered the final purchase price.
White Mountains Insurance Group Ltd has filed a federal lawsuit against peer Allstate Corp over the 2011 sale of the online auto insurer Esurance, alleging that Allstate inappropriately lowered the final purchase price.
White Mountains Solutions Holding Co. says it has entered into a definitive agreement to acquire Physicians Insurance of Ohio and Citation Insurance Company from PICO Holdings, Inc.
White Mountains Re Ltd. said it has agreed to acquire the bankrupt Central National Insurance Company of Omaha from Drum Financial Corp. for $5 million.
A.M. Best Co. has withdrawn its "A-minus" financial strength rating (FSR) and "a-minus" issuer credit rating (ICR) for White Mountains Re Bermuda Ltd.
White Mountains Insurance Group, Ltd., said it is reorganizing its reinsurance business, news that appeared not to dramatically affect the rating of the overall company as it also reported improved second-quarter financial results.
Under the terms of the agreement, Berkshire Hathaway would exchange all or substantially all of its 1,724,200 common shares for 100 percent of a White Mountains subsidiary, which will hold Commercial
Under the terms of the agreement, Berkshire Hathaway would exchange all or substantially all of its 1,724,200 common shares for 100 percent of a White Mountains subsidiary, which will hold Commercial
The company reported that consolidated net income in the fourth quarter compared to the same period in 2006 was down by $198 million to $101 million. Earnings per share dropped $18.15 a share to $9.55