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Property & Casualty Insurance News
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1. The Hanover Announces Its Entry Into the West with Seven State Launches - PR Newswire - Mon 6:02 pm ET
The Hanover Insurance Group, Inc. , a leading provider of property and casualty insurance, today announced that it will significantly expand its footprint January 1, with seven state launches in the West, including Arizona, California, Colorado, New Mexico, Oregon, Utah and Washington.
2. Flagstone Re Announces Purchase of Retrocessional Coverage from Montana Re Cat Bond - Business Wire - Mon 4:10 pm ET
HAMILTON, Bermuda----Flagstone Reinsurance Holdings Limited announced today that Flagstone Réassurance Suisse SA, has purchased three years of fully collateralized retrocessional coverage from Montana Re Ltd. , a special purpose reinsurer established in the Cayman Islands.
3. AMERISAFE Announces Redemption of All Outstanding Convertible Preferred Stock - PR Newswire - Mon 4:05 pm ET
AMERISAFE, Inc. , a specialty writer of high hazard workers' compensation insurance, today announced that it will redeem all 250,000 outstanding shares of Series C and Series D Convertible Preferred Stock, effective December 31, 2009.
4. A.M. Best Affirms Ratings of American Safety Insurance Group - Business Wire - Mon 3:56 pm ET
OLDWICK, N.J.----A.M. Best Co. has affirmed the financial strength rating of A and the issuer credit rating of “a” of the American Safety Insurance Group and its members. A.M. Best also has affirmed the ICR of “bbb” of ASI’s parent company, American Safety Insurance Holdings Ltd .
5. The Hartford, Hartford Stage and The Mark Twain House & Museum Kick Off Year-Long Partnership with the Return of Hal Holbrook as Mark Twain - Business Wire - Mon 1:03 pm ET
HARTFORD, Conn.----Academy Award nominee Hal Holbrook, whose Mark Twain Tonight! has defined the image and style of the great American author for thousands of theatergoers for over five decades, will perform his much-loved portrait of the great author on Saturday, January 23, 2010 at 7:30 p.m. at the University of Hartford’s Lincoln Theater.
6. Argo Group to Present December 1 at the FBR Capital Markets 2009 Fall Investor Conference - Business Wire - Mon 1:00 pm ET
HAMILTON, Bermuda----Argo Group International Holdings, Ltd. , an international underwriter of specialty insurance and reinsurance products, announced today it is participating in the FBR Capital Markets 2009 Fall Investor Conference being held Dec. 1-2, 2009, at the Grand Hyatt New York.
7. AIG shares fall after analyst questions reserves - Reuters - Mon 12:49 pm ET
Shares of AIG fell 12 percent on Monday after an analyst raised concerns about a possible deficiency in the company's non-life insurance reserves.
8. HCC Announces Merger of Lloyd's Syndicates; Increased Presence at Lloyd's - GlobeNewswire - Mon 9:00 am ET
HOUSTON -- HCC Insurance Holdings, Inc. announced today that it has been granted Lloyd's approval to merge syndicates 4040 and 4141 for the 2010 year of account. The insurer has successfully achieved the buy-out of the external names on syndicate 4040 and will merge it with its wholly aligned syndicate 4141.
9. AmTrust Financial Services, Inc. to Present at FBR Capital Markets 2009 Fall Conference in New York on Tuesday, December 1, 2009 - GlobeNewswire - Wed Nov 25
NEW YORK -- AmTrust Financial Services, Inc. will present at the FBR 2009 Fall Investor Conference in New York on Tuesday, December 1, 2009.
10. Maiden Holdings, Ltd. to Present at FBR Capital Markets 2009 Fall Investor Conference in New York on Wednesday, December 2, 2009 - GlobeNewswire - Tue Nov 24
HAMILTON, Bermuda -- Maiden Holdings, Ltd. will participate in the FBR Capital Markets 2009 Fall Investor Conference on Wednesday, December 2, 2009 in New York.
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