Everest Re Responds to Market Rumors Concerning AARIS

Everest Re Group, Ltd. (NYSE: RE) reported that in connection with a previously scheduled investor meeting Wednesday, questions were raised concerning market rumors related to the Company's contract with American All Risk Insurance Services, Inc. (AARIS). AARIS is the agent that produces the majority of Everest Re Group's California workers' compensation business. The Company does not generally respond to rumors but since information was provided at the investor meeting, the Company wanted to disseminate this information: -- The Company believes it is fairly well known that AARIS has been ...