AmTrust Financial Services Inc. common shareholders have approved a $2.95 billion privatization deal with the company’s founding family and an equity firm. The plan was approved by 67.4% of the public stock outstanding, representing 81.5% of the public shares.
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A number of the Blue Cross Blue Shield companies have reported a favorable impact owing to changes affecting net deferred income tax in the 2017 Tax Cut and Jobs Act.
Allstate Corp. incurred an estimated $278 million of pretax catastrophe losses in April. Two wind and hailstorms, which mainly impacted mid-Atlantic, Northeast and some Midwest states, made up about 60% of May’s impact.
The focus on market values for credit related assets means the Solvency II process threatens to become remote from actual default costs.
The American Insurance Association and the Property Casualty Insurers Association of America have engaged in merger talks that would create a new trade association combining both of their memberships.
Changes to the US tax code stemming from the 2017 Tax Cuts and Jobs Act haven't affected our insurance industry ratings, including those on captive companies.
American International Group Inc.’s life and retirement unit will acquire Ellipse, a specialist provider of group life risk protection in the United Kingdom, from Munich Re for an undisclosed amount.
While traditional companies haggle over valuations, non-traditional buyers act alone or in concert to scoop up and carve up businesses.
We don’t consider geographic diversification a virtue for its own sake; rather, we look at whether it’s appropriate for a company’s specific situation.
JLT's Darr: Covering Disasters Completely Means Factoring in Multiple Exposures
Newly Named ACIG CEO: Focus on Lowering Comp Claims Pays Off in Tough Construction Market: American Contractors Insurance Group has been aggressively working to lower the frequency and severity of workers' compensation claims for the past eight years, which is a major reason the company is able to weather the curre... Date: November 30, 2011 Source: BestWire News
ACIG Hands Reins of Company to President With 38 Years of Construction Experience: American Contractors Insurance Group has announced its company's president, Michael J. O'Neill, will become its new chief executive officer, effective January 2012.
O'Neill has been ACIG's president since 2009 and wi... Date: November 29, 2011 Source: BestWire News
A.M. Best Raises Rating of American Contractors Insurance Group: A.M. Best Co. has raised the financial strength rating to A (Excellent) from A- (Excellent) of American Contractors Insurance Group (ACIG), Dallas.
The rating is based on the consolidated financial condition and oper... Date: June 10, 2002 Source: BestWire News
A.M. Best Raises Rating of American Contractors Insurance Group : A.M. Best Co. has raised the financial strength rating to A (Excellent) from A- (Excellent) of American Contractors Insurance Group (ACIG), Dallas.The rating is based on the consolidated financial cond... Date: June 10, 2002 Source: Press Release
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