Ratings: Tunis Re, Endurance (shares), LAPP, Electro Re/First Beacon,...
A.M. Best Europe – Rating Services Limited has removed from under review with negative implications and affirmed the financial strength rating of ‘B+’ (Good) and issuer credit rating of “bbb-” of...
View ArticleRatings Recap: National General, Univé Her/Stormher, Radius
A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘B++’ (Good) and the issuer credit rating of “bbb+” of the United Arab Emirates National General Insurance...
View ArticleRatings Roundup: of Boubyan Takaful, National General
A.M. Best Europe – Rating Services Limited has revised the outlook to stable from positive and affirmed the financial strength rating of ‘C++’ (Marginal) and the issuer credit rating of “b” of Boubyan...
View ArticleQBE Selling Lender-Placed Insurance Business for $90M
QBE Insurance Group Ltd., Australia’s second-largest insurer by market value, agreed to sell its North American mortgage and lender services business to National General Holdings Corp. for $90 million....
View Article10 Arrested in North Carolina Staged Auto Accident Ring
Nine residents in Pitt County, North Carolina, were arrested in connection with an alleged staged auto accident ring, according to a statement from the North Carolina Department of Insurance (NCDOI)....
View ArticleRatings: Tunis Re, Endurance (shares), LAPP, Electro Re/First Beacon,...
A.M. Best Europe – Rating Services Limited has removed from under review with negative implications and affirmed the financial strength rating of ‘B+’ (Good) and issuer credit rating of “bbb-” of...
View ArticleRatings Recap: National General, Univé Her/Stormher, Radius
A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘B++’ (Good) and the issuer credit rating of “bbb+” of the United Arab Emirates National General Insurance...
View ArticleRatings Roundup: of Boubyan Takaful, National General
A.M. Best Europe – Rating Services Limited has revised the outlook to stable from positive and affirmed the financial strength rating of ‘C++’ (Marginal) and the issuer credit rating of “b” of Boubyan...
View ArticleQBE Selling Lender-Placed Insurance Business for $90M
QBE Insurance Group Ltd., Australia’s second-largest insurer by market value, agreed to sell its North American mortgage and lender services business to National General Holdings Corp. for $90 million....
View Article10 Arrested in North Carolina Staged Auto Accident Ring
Nine residents in Pitt County, North Carolina, were arrested in connection with an alleged staged auto accident ring, according to a statement from the North Carolina Department of Insurance (NCDOI)....
View ArticleWells Fargo’s Latest Scandal: Selling Customers Auto Insurance They Didn’t Need
Fraudulent bank accounts, bogus credit cards, compromised customer data and, now, unwanted car insurance. Wells Fargo & Co., it seems, just can’t stay out of trouble. News late last week that the...
View ArticleQBE North America Sells National Farmers Union to National General
National General Holdings Corp. has agreed to acquire National Farmers Union Property and Casualty Co. from QBE North America. The estimated purchase price is $43 million. National Farmers Union...
View ArticleQ4 Earnings Briefs: State Auto, National General, Donegal, Safety, Protective
State Auto Financial State Auto Financial Corp. (STFC) reported fourth-quarter net income of $32.7 million, after reporting a loss in the same period a year earlier. The Columbus, Ohio-based company...
View ArticleAllstate to Buy National General for $4 Billion, Growing Auto, Independent...
U.S. Insurer Allstate Corp. said on Tuesday it will buy National General Holdings Corp. for about $4 billion in cash, scaling up its auto insurance business at a time when the coronavirus has crushed...
View ArticleAllstate to Acquire Insurer SafeAuto to Merge Into National General Brand
Allstate has agreed to acquire Ohio-based SafeAuto, which offers car insurance that meets the minimum legal requirements in 28 states. The acquisition will be through Allstate subsidiary National...
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