| 07/29/2010
12:21 PM Ratings Recap: Skandia, Al Fajer Re
A.M. Best Co. has affirmed the financial strength rating of 'A '(Excellent) and issuer credit ratings of "a" of Sweden's Skandia Insurance Company Ltd. and Skandia Life Assurance Company Limited ... |
| 07/29/2010
12:02 PM Texas Mutual Successful on Appeal in Workers' Comp Bad Faith Case
A Houston Court of Appeals has dismissed a case involving workers' compensation benefits claim disputes with Texas Mutual Insurance Co. in a move that according to the insurer resolves ... |
| 07/29/2010
11:42 AM Foremost Insurance Group Launches Auto Program in New York
Foremost announces their DISTINCTCHOICE auto program in New York. Foremost's new auto program is designed with increased limits, deductible options and important coverages for drivers.
The ... |
| 07/29/2010
11:37 AM Smith Named Missouri Insurance Agents' Person of the Year
Dennis Smith of Columbia, Mo., has been honored as the Missouri Association of Insurance Agents' Insurance Person of the Year. The award was given at MAIA's annual Leadership Conference on July ... |
| 07/29/2010
11:32 AM Neace Lukens Opens Dayton, Ohio, Office; Grows Construction Group
Lexington, Ky.-based insurance broker Neace Lukens has opened a new office in Dayton, Ohio. The new office consists of two full-time employees. Michael Ward joins as vice president of its ... |
| 07/29/2010
11:22 AM S&P Raises Arch Capital Group's Ratings to 'A-'; Outlook Stable
Standard & Poor's Ratings Services has raised its counterparty credit rating on Arch Capital Group Ltd. to 'A-' from 'BBB+'. S&P also raised its counterparty credit and financial strength ... |
| 07/29/2010
11:14 AM Japan Supertanker Probe Reveals Crash Impact
A Japanese supertanker, which triggered fears of an attack in the sensitive Strait of Hormuz oil shipping route, collided with something, possibly a submarine or mine, UAE port officials ... |
| 07/29/2010
11:00 AM Crews Work to Cap New Oil Leak Along Louisiana's Coast
Crews are working to cap a new oil leak in a Louisiana coastal inlet after a barge slammed into an abandoned well on July 27, sending a shower of water, natural gas and oil spewing about 100 into ... |
| 07/29/2010
10:35 AM Crosby to Head OneBeacon's New E&S Division
Massachusetts-based OneBeacon Insurance Group said it is launching a new E&S lines business and has appointed Dennis Crosby as president of the business, OneBeacon Excess and Surplus ... |
| 07/29/2010
10:29 AM Agent Gets 3 Years for Pocketing Premiums in New Jersey
A former Pennsylvania insurance agent has been sentenced to three years in prison for his role in scheme to steal hundreds of thousands of dollars in premiums, according to the New Jersey attorney ... |
| 07/29/2010
10:12 AM Survey: Public Opposes Allowing Policyholder Suits Against Insurers
A majority of Americans believe that laws allowing people to sue their own auto insurance company for punitive damages, in addition to receiving benefits for their insured claim losses, are not a ... |
| 07/29/2010
10:00 AM North Dakota Property Crime Rate Down, but Violent Crimes on Rise
Attorney General Wayne Stenehjem says North Dakota's crime rate dropped slightly last year, but the number of violent crimes rose.
A new report provides North Dakota statistics for a number of ... |
| 07/29/2010
09:28 AM South Carolina Court Upholds $10 Million Award Against Bar, Owners
South Carolina liquor stores, bars and their owners may be liable for injuries caused by a patron they "knew or should have known" was intoxicated even if the customer does not appear drunk.
The ... |
| 07/29/2010
09:22 AM Diette Joins Target Insurance Services
Connecticut-based managing general underwriter Target Insurance Services has named Mark Diette as senior vice president in charge of business development.
Diette, who will also lead one of ... |
| 07/29/2010
08:26 AM Best Lowers Business Alliance Ratings after Adverse Court Decision
A.M. Best Co. has downgraded the financial strength rating to 'B+' (Good) from 'B++' (Good) and issuer credit rating to "bbb-" from "bbb" of San Bruno-based Business Alliance Insurance Company ... |
