Nuts & Bolts: Abram Interstate Inc. in Citrus Heights, Calif., is offering a new High Value Homeowner product. Coverage includes extended replacement cost, personal article floaters, replacement cost contents, personal injury, in and out servants, ordinance and law, and various …
Nuts & Bolts: American Reliable Insurance Company has available a program for farm and ranch. General agency or direct retail agent appointments. Also write excess policy and farm administrative certificate policy. Endorsements — Equine, CCC, Business Pursuit, First Party Milk …
Nuts & Bolts: The Consumer Division of Royal & SunAlliance USA has introduced a program of insurance and services designed specifically for the National Truck Equipment Association (NTEA). Available to both members and non-members of the association, the program offers …
S&P placed its “AAA” financial strength ratings on all State Farm’s interactively rated operating companies on CreditWatch with negative implications, primarily because of large losses in the companies’ automobile and homeowners multi-peril insurance lines in 2001, particularly in the fourth …
S&P changed its outlook to negative from stable on monoline reinsurers Ace Guaranty Re Inc., Axa Re Finance S.A., Radian Reinsurance Inc., and RAM Reinsurance Co Ltd. The outlook assesses the potential direction of an issuer’s financial strength rating over …
Fitch Ratings assigned its “AA” long-term issuer rating to GE Global Insurance Holdings Corp. (GE Global) and affirmed the “AAA” insurer financial strength rating of Employers Reinsurance Corp. (ERC), GE Global’s main operating subsidiary. The outlook is stable. GE Global’s …
Standard & Poor’s assigned its “AA-” senior unsecured debt rating to Marsh & McLennan Companies’ two-part $750 million notes offering based on the group’s diverse and well-positioned operating subsidiaries. S&P indicated that Marsh & McLennan’s very strong operating margins that …
Fitch Ratings has assigned new ratings to various entities of CNA Financial Corporation (CNA), including its “A” insurer financial strength rating for members of The Continental Insurance Company Pool (CIC) and a “BBB” senior debt rating for The Continental Corporation …
A.M. Best Co. downgraded the financial strength rating of General Agents Group, Oklahoma City, Okla., to “B-” (Fair) from “B++” (Very Good) with a negative outlook. The rating action follows a review of the group’s year-end financial results and the …
The Houston Chapter of CPCU, a longtime supporter of an inner city school in Houston, Bruce Elementary, recently donated 12 violins (with all the accessories/cases) to the school’s orchestra. After noticing the orchestra’s worn instruments, especially the violins, at a …
