A.M. Best Co. has upgraded the financial strength ratings of Bituminous Insurance Companies to A+ (Superior) from A (Excellent), Old Republic Union Insurance Company to A (Excellent) from B++ (Very Good) (both of Illinois) and Old Republic Minnehoma Insurance Company …
Florida’s Brown & Brown Inc. said its Board of Directors has declared a regular quarterly cash dividend of $.0575 per share. The dividend is payable on February 19, 2003, to shareholders of record on February 5, 2003.
Florida-based DriverShield Corp. reported that it has signed a non-binding Memorandum of Understanding to acquire Presidion Solutions Inc., a Professional Employer Organization (PEO) headquartered in Troy, Michigan. DriverShield said Presidion is one of the nation’s largest PEOs with more than …
The Texas Coalition for Affordable Insurance Solutions (TCAIS) announced the release of a timely and informative booklet titled: “Insurance 101: A guide to understanding auto and home insurance in the Lone Star State.” The coalition, whose membershhip includes insurance companies, …
The Texas Workers’ Compensation Commission (Commission) has issued Advisory 2003-02, that provides notice of an extension of the Commission’s exemption from Preauthorization and Concurrent Review for work hardening and/or work conditioning program(s) that are accredited by the Commission on Accreditation …
The Alliance of American Insurers announced its opposition to HB 329, a bill introduced into the Texas House of Representatives that would create the Mold Assessors and Remediators Act. The act would establish regulations for mold remediation and provide educational …
According to a survey by The Council of Insurance Agents & Brokers (CIAB), more than two-thirds of the small and medium-sized commercial property/casualty accounts and 59 percent of the large accounts experienced premium increases between 10 and 30 percent during …
Top government officials, along with insurance industry experts and leaders, kicked off an American Insurance Association (AIA) conference this week focused on the recently enacted Terrorism Risk Insurance Act of 2002. “The new law was a landmark event for insurers, …
Docucorp® International, a provider of enterprise information solutions, announced that Columbia Insurance Group, a multi-line insurance company, has implemented Docucorp’s publishing and workflow solutions to enhance its policy production capabilities. “As we experienced rapid growth within our company and increased …
Ohio-based Progressive announced the opening of two new expanded auto insurance claims training facilities and the industry’s first center dedicated to training representatives to handle motorcycle, ATV, RV, boat and personal watercraft claims. The expanded auto claims training centers, located …
