November 26, 2002
The Hartford Financial Services Group, Inc., and the U.S. Small Business Administration have teamed up to provide state-of-the-art risk management educational materials and online interactive tools and training for small business owners. Materials developed by The Hartford’s loss control experts …
November 25, 2002
This year nonprofit acquaintances often have asked me a question for which I have no answer. That is, “Why are commercial insurers non-renewing my nonprofit?” Our experience with nonprofits has been favorable, and it seems ludicrous to see other carriers …
November 25, 2002
S&P’s affirmed its “AA-” counterparty credit ratings and FSR on The Cincinnati Insurance Co., The Cincinnati Life Insurance Co., The Cincinnati Casualty Co., and The Cincinnati Indemnity Co. (collectively referred to as CIC) based on CIC’s strong competitive position, which …
November 25, 2002
A.M. Best Co. affirmed its “A-” (Excellent) FSR of The Royal & SunAlliance USA Insurance Pool (pool) and said the outlook remains negative. Meanwhile, S&P lowered its long-term counterparty credit ratings and insurer FSR on various operating entities of Royal …
November 25, 2002
S&P assigned its “A” counterparty credit rating and FSR to the members of the Colony Intercompany Pool and to Argonaut Great Central Insurance Co. It also affirmed its “A” ratings on the members of the Argonaut Intercompany Pool. The outlook …
November 25, 2002
A.M. Best Co. affirmed the FSR of “A+” (Superior) for the Mercury Casualty Group (Los Angeles), as well as the FSR “A-” (Excellent) of American Mercury Insurance Group (Oklahoma City) subsidiaries of Mercury General Corporation. The outlooks for all ratings …
November 25, 2002
Standard & Poor’s Ratings Services revised its financial strength ratings (FSR) on Highlands Insurance Co. and affiliated companies to “R” from triple-“Cpi” following insurance holding company Highlands Insurance Group Inc.’s announcement on Oct. 31, 2002, that it filed for Chapter …
November 25, 2002
With 2003 just around the corner it’s not too early to make a new year’s resolution. This year, why not make a vow to eliminate your payroll pains? Whether you process payroll manually or use a service, the time is …
November 25, 2002
Take the hard market, combine it with the Sept. 11 tragedy, and mix those two ingredients into an already intricate and compound underwriting process and you’ve got yourself the public entities marketplace. Ask any of the handful of carriers who …
November 25, 2002
Since the book-cooking scandals that undid Enron, Worldcom and other concerns surfaced in recent months, insurers have ratcheted up their already growing scrutiny of corporate clients, resulting in higher premiums and lower limits for directors and officers (D&O) and professional …