Tower Group Dealt More A.M. Best Ratings Downgrades

Tower Group International must deal with more ratings downgrades from A.M. Best, spurred by its soaring net losses and uncertainty over whether it can carry its debts through an intended merger with ...

Tower, ACP Re Amend Merger Deal

On Thursday, Tower Group International, Ltd. ("Tower") and ACP Re, Ltd. ("ACP Re") announced that they have amended their Jan. 3, 2014 merger agreement, reducing the per-share consideration and ...