A.M. Best Co. has affirmed the financial strength rating of “A” (Excellent) of the insurance subsidiaries of OneBeacon Insurance Group. A.M. Best also affirmed the indicative shelf registration ratings for Fund American Companies Inc. These affirmations follow the completion of …
A.M. Best Co. has assigned a financial strength rating of “A+” (Superior) to the re-established Gulf Insurance Group, and removed from under review the rating of six companies, which were previously part of the Travelers Property/Casualty Pool. The action follows …
Fitch Ratings affirmed “BBB-” insurer financial strength ratings of Vesta Insurance Group’s insurance subsidiaries. A “BBB-” rating was assigned to Florida Select Insurance Company (Florida Select), and Vesta’s “BB-” senior debt rating and the “B+” capital securities rating of Vesta …
A.M. Best Co. placed the financial strength ratings (FSR) of the insurance subsidiaries operating within Combined Specialty Group Inc. (CSG) under review with negative implications. The rating action follows Aon Corporation’s second quarter earnings announcement in which Aon said it …
The horses are ready, are you? Independent Agents of Tarrant County is hosting its annual Picnic Under the Lone Star on Oct. 9 at Lone Star Park in Grand Prairie. The tickets are $20.00 each and include a reserved seat …
A federal appeals court recently upheld the felony conviction of suspended Louisiana Insurance Commissioner Jim Brown but, according to the New Orleans Times-Picayune, Brown is vowing to continue the fight to clear his name. The 5th U.S. Circuit Court of …
The Texas Coalition for Affordable Insurance Solutions has been created as a proactive alliance of insurance providers and trade organizations committed to working with legislators, regulators, consumers and others to find public policy solutions that will improve insurance affordability and …
Louisiana Acting Commissioner of Insurance J. Robert Wooley announced the compilation of new rate comparison guides for auto and homeowners insurance, which are available free of charge. “Both the auto and the homeowners guides give rate examples from more than …
The Texas Oil and Gas Association (TxOGA) workers’ compensation purchasing group received $14,485 in dividends from Texas Mutual Insurance Company. The group dividend is the third earned by TxOGA since it partnered with Texas Mutual in 1995. Texas Mutual said …
A Mayes County, Okla., District Court jury ordered Transwood Inc., a national trucking company headquartered in Omaha, Neb., to pay its Pryor, Okla. office assistant/part-time driver $2.176 million in a wrongful termination suit that she filed on behalf of her …
