News

MGIC was dropped from "double-A-minus" to "A." In addition, Old Republic International Corp. was lowered from "double-A" to "double-A-minus; PMI Group Inc. was cut from "double-A" to "A-minus"; and Ra

The New York-based rating firm said a Special Report analyzed full-year 2007 GAAP financial results for publicly traded U.S. property-casualty insurers in an effort to quantify exposure to, and credit

Maurice Greenberg's Starr International Company, following a $900 million Moscow development deal last month, is now involved in another partnership to buy $786 million worth of Eastern European real

NEW YORK--Lawyers at an insurance seminar for attorneys here had a simple question for state insurance regulators: "Is state regulation working?" They answered that it was and questioned the need for a

NEW YORK--Lawyers at an insurance seminar for attorneys here had a simple question for state insurance regulators: "Is state regulation working?" They answered that it was and questioned the need for a

A California consumer group said controversial documents from a consulting firm used by Allstate that were released Friday are justification for regulators to slash the company's rates, even though it