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New Key Executive Takes RLI Fidelity to 50+ Years' Experience
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Business Wire
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1 hour, 29 minutes ago
PEORIA, Ill.----RLI Corp. - RLI has announced the addition of Thomas Huber as assistant vice president of its RLI Fidelity group. Huber brings 16 years of underwriting experience in the fidelity product line in commercial, financial and reinsurance risks, which pushes the team's total experience to 50+ years.
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Insurance chief says AIG bailout was unavoidable
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Reuters
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Mon 10:08 pm ET
Washington policy-makers had no choice but to rescue American International Group Inc after a dramatic investor crisis left the giant insurer starved for cash, New York insurance chief Eric Dinallo told lawmakers on Tuesday.
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Hartford climbs on $2.5B Allianz investment
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AP
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Mon 8:19 pm ET
Shares of Hartford Financial Services Group Inc. climbed Monday after the insurer strengthened its capital position with a $2.5 billion investment from German financial services firm Allianz SE.
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A.M. Best Places Ratings of The Hartford Financial Services Group, Inc. and Subsidiaries Under Review With Negative Implications
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Business Wire
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Mon 6:07 pm ET
OLDWICK, N.J.----A.M. Best Co. has placed the financial strength ratings of A+ and issuer credit ratings of “aa-” of the key life/health and property/casualty insurance subsidiaries of The Hartford Financial Services Group, Inc. [NYSE: HIG] under review with negative implications.
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Endurance Provides Initial Loss Estimate from Hurricanes Ike and Gustav and Information Related to Recent Financial Market Events
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Business Wire
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Mon 5:53 pm ET
PEMBROKE, Bermuda----Endurance Specialty Holdings Ltd. , a Bermuda-based provider of property and casualty insurance and reinsurance, today announced its initial loss estimate related to Hurricanes Ike and Gustav and information related to recent events in the financial markets.
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An Insurance Pick That Plays It Safe
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RealMoney by TheStreet.com
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Mon 11:47 am ET
Mercury General keeps rigorous underwriting standards and a conservative investment portfolio.
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