HomeInsurance

Insurance

Farmers Insurance is closing its doors to thousands of customers for one troubling reason: ‘[This] decision was necessary’

Farmers Insurance is the latest insurer to completely pull out of Florida, citing concerns about natural disasters made worse by Earth’s rising temperature, CBS News reports.Farmers announced the change on July 11, following a notice to the state’s regulatory agency. The insurer is...

Chubb CEO Greenberg says Hong Kong can boost insurance hub credentials by 'limiting …

Hong Kong can attract a lot more insurance companies if the government provides a stable business environment and 'limits bureaucracy' in the ... Source link

AM Best Withdraws Credit Ratings of China Merchants Insurance Company Limited

AM Best has withdrawn the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of "a-" (Excellent) of China Merchants Insurance Company Limited (CMI) (Hong Kong). AM Best has withdrawn these Credit Ratings (ratings) as the company has requested to...