Moody's Investors Service and Standard & Poor's affirmed Ambac's financial strength rating yesterday and Fitch did the same. All three said the outlook is negative reflecting the volatility of the bon

Berkeley Heights, N.J.-based Palisades Safety and Insurance Association announced today that it has an agreement to acquire publicly held National Atlantic Holdings Corporation, including its subsidia

The firm reported net income dropped ?1.6 million ($3.2 million U.S. at the current exchange rate) to ?37 million ($75 million) for the year. Earnings per share remained relatively unchanged at 16 pen

Fitch said the most significant change will be that it will now rate all catastrophe bond tranches (segments or tiers) against a probability of loss criterion, as opposed to only rating investment-gra

Fitch said the most significant change will be that it will now rate all catastrophe bond tranches (segments or tiers) against a probability of loss criterion, as opposed to only rating investment-gra

S&P described the comp insurance sector as highly regulated, with differing rules in every state. Besides the regulatory challenges, "players in this market must also contend with the long-tailed natu

ChoicePoint and Injury Sciences announced a strategic alliance that will enable insurers to reduce total claims losses while enhancing operating efficiencies through the use of their combined

The Mayfield Village, Ohio-based underwriter reported net income dropped $49 million to $46 million for the month of February. Net written premiums were down 5 percent for the month, or $137 million,