Personal lines insurers capital strength and core underwriting earnings power should offset challenges posed by natural catastrophes; high-frequency, low-severity weather events; and the very competitive nature of the market, according to Moodys Investors Service.
Personal lines insurers capital strength and core underwriting earnings power should offset challenges posed by natural catastrophes; high-frequency, low-severity weather events; and the very competitive nature of the market, according to Moodys Investors Service.
The Nuclear Regulatory Commission is sending an Augmented Inspection Team to the North Anna nuclear power station in Virginia after initial reviews following the recent earthquake there determined that further inspection is needed.
Fitch Ratings affirmed the A insurer financial strength ratings of Old Republic International Corp.s insurance subsidiaries and removed the company from Rating Watch Negative, as the rating agency says it does not anticipate that the runoff of ORIs mortgage insurance subsidiary will have a significant adverse impact on capital and...
Fitch Ratings affirmed the A insurer financial strength ratings of Old Republic International Corp.s insurance subsidiaries and removed the company from Rating Watch Negative, as the rating agency says it does not anticipate that the runoff of ORIs mortgage insurance subsidiary will have a significant adverse impact on capital and...
Rating agencies downgraded PMI Mortgage Insurance Co., part of the PMI Group, after the company announced that the Arizona insurance department placed it under regulatory supervision.
U.S. property and casualty loss reserves remain within an adequate range as of year-end 2010, and the potential for large deficiencies emerging in the near-term is limited, according to a Fitch analysis.
U.S. property and casualty loss reserves remain within an adequate range as of year-end 2010, and the potential for large deficiencies emerging in the near-term is limited, according to a Fitch analysis.
Irene has strengthened to a Category 2 hurricane, and is expected to become a major hurricane (Category 3 or above) Wednesday as it moves north of the Dominican Republic and toward the Bahamas.