Monthly Archives: <span>July 2002</span>

Ohio Brewery Receives Workers’ Comp Award

Miller Brewing Co.’s Trenton, Ohio brewery was the only Governor’s Excellence in Workers’ Compensation Award winner for self-insuring employers who insure nearly 40 percent of Ohio’s workforce. The state’s Bureau of Workers’ Compensation, which presented the award, stated that the …

Safeonline Technology to Launch 1st and 3rd Party Tech Coverage

Michigan-based digital risk insurance specialist, SafeonlineT announced the launch later this month of a new 1st and 3rd party policy that the company says will provide a much needed in-fill for small to medium firms who use basic technologies and …

A.M. Best Publishes Country Risk Methodology

New Jersey-based A.M. Best Co. has published its new Country Risk Methodology. A.M. Best uses country risk analysis to determine how the factors outside an insurer’s control affect its ability to meet its obligations to its policyholders. These analyses include, …

N.Y. Department Notes No Change in Average Workers’ Comp Rate

New York Department of Insurance Superintendent Gregory Serio announced that there will be no change in the average workers’ compensation rate in New York State. Combined with a 1.2 percent decrease in assessments, this will mark the eighth consecutive year …

CDI Investigators Announces Pair of Arrests

Investigators with the California Department of Insurance (CDI) Criminal Investigations Branch’s Fraud Division announced the arrests of two individuals in separate cases. • A San Bernardino Valley Community College student was arrested by CDI Fraud Investigators and community college police …

FEI Adds Jonathan Gale to Staff

Colorado-based Environmental Insurance Program Manager, Freberg Environmental, Inc. (FEI) added Jonathan K. Gale to their staff. Gale joins FEI from Employers Reinsurance Corporation, a subsidiary of General Electric. Gale served as vice president in the national accounts division located in …

AAA Accepting Registrations

The American Agents Alliance is continuing to accept registrations for its Conference & Expo 2002 slated for Sept. 18-22 at the Westin Mission Hills Resort in Rancho Mirage, Calif. Among those expected to attend the event are California Insurance Commissioner …

A.M. Best Affirms Rating of Subsidiaries of Alea Group

A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) of the insurance operating subsidiaries of the Alea group. The affirmation is based upon the excellent level of consolidated risk-based capital and financial flexibility, improved underlying operating performance …

CNA Announces Deal on Sale of London Reinsurance Company

CNA Financial Corporation has signed a binding “share purchase agreement” to sell CNA’s London reinsurance operation, CNA Reinsurance Company Limited (UK), to Tawa UK Ltd., pending approval by the Financial Services Authority (FSA), the UK regulator, and the Illinois Insurance …

AAI Says Results of Latest CAPA Study Show OEM Parts Don’t Make the Grade

A recent study of aftermarket auto parts produced by original equipment manufacturers (OEMs) has found than many don’t measure up to the quality of their certified generic counterparts, according to the Alliance of American Insurers (AAI). The study’s findings come …