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The credit outlook on the reinsurance industry remains negative, Moody's Investors Service said in its recent report, "Global Reinsurance Outlook," as fundamentals are expected to weaken in the future.
Fitch has revised its sector outlook on the U.S. property and casualty insurance industry to stable from negative for both the commercial lines and personal lines sectors.
Claims Magazine is twittering every day about breaking news and timely topics -- not to mention keeping readers up to date on what's being posted on claimsmag.com.
Florida regulators agreed that non-hurricane losses and increased reinsurance costs warranted a double-digit rate increase for Allstate subsidiaries operating in the state.
Tropical Storm Hermine, the eighth named storm of the Atlantic hurricane season, is making its way through Texas after making landfall in northern Mexico.
The property and casualty insurance industry is gearing up to battle for certainty for the National Flood Insurance Program (NFIP) when Congress returns for a short session Sept. 13.
The property and casualty insurance industry is gearing up to battle for certainty for the National Flood Insurance Program (NFIP) when Congress returns for a short session Sept. 13.
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