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Property-casualty insurers safe from U.S. default in ‘near term’

A possible U.S. government default on its debts, if the federal debt ceiling is not increased, will not “in the near term” hurt the property-casualty insurance sector, according to a financial analysis...

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Insurers say they ‘strongly support’ bill raising U.S. debt ceiling

A national association of insurance companies is throwing its “strong support” behind a bill before Congress that would raise the debt ceiling. Leigh Ann Pusey, president and CEO of the American...

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Investments of insurers ‘unaffected’ by S&P’s U.S. ratings downgrade

Update: 10 insurers with direct, indirect U.S. risks see S&P ratings drop Insurers’ investments should not be affected by the decision of Standard & Poor’s Ratings Service to lower the U.S....

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10 insurers with direct, indirect U.S. risks see S&P ratings drop

Standard & Poor’s Ratings Services lowered to “AA+” from “AAA” its long-term counterparty credit and financial strength ratings on the member companies of five U.S. insurance groups, following its...

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Agents left to explain how NAIC, S&P view insurers’ risk differently

The National Association of Insurance Commissioners (NAIC) and Standard & Poor’s seem to have differing views on insurers’ risk since the U.S. government debt downgrade last week. The NAIC, an...

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S&P credit rating downgrade won’t hurt Calif. insurers, consumers

California officials predict that Standard & Poor’s (S&P) recent downgrade on the credit rating of U.S. government securities will not affect life insurers’ dealings with their consumers in the...

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