Standard & Poor’s Ratings Services said that it assigned its ‘R’ financial strength rating to Ore.-based Grange Mutual Insurance Co. upon learning that the company has filed for bankruptcy protection from the U.S. Bankruptcy Court for the District of Oregon. …
The Alliance of American Insurers said Georgia Insurance Commissioner John Oxendine has asked the group to coordinate an insurance industry effort to develop language that will be used to spell out coverage for mold in state homeowner and commercial insurance …
The Central Texas Chapter of the CPCU Society (Chartered Property Casualty Underwriters) announced it has earned the Society’s Gold Circle of Excellence Award and CPD Excellence Award for outstanding achievements during the 2001 – 2002 chapter year, marking the third …
Officials of St. Petersburg, Fla.-based Bankers Insurance Group announced the sale of selected assets to Fidelity National Financial and Fidelity National Insurance Services has been finalized. In the sale, Fidelity acquired First Community Insurance Company, a Bankers property and casualty …
A new book on medical malpractice in Texas, by Fort Worth attorney Dan Barrett, claims Republicans are discriminating against the elderly and the poor in bills to be considered in the upcoming legislative session. According to Barrett, his book, Cheaper …
Texas Insurance Commissioner Jose Montemayor announced the official launch of the Texas FAIR (Fair Access to Insurance Requirements) Plan Association’s homeowners insurance market-of-last-resort in Texas. As of Jan. 8, the FAIR Plan had 450 insurance agencies ready to sell policies …
Westfield Insurance has signed a non-binding letter of intent with Golden Apple Holding Company (GAHC), which is interested in pursuing the purchase of all issued and outstanding capital stock of Beacon Insurance Company of America (Beacon), a wholly owned subsidiary …
Zurich North America Small Business has announced system enhancements that give its agents and brokers online access to important customer account management documents. By logging onto eZSB, the Zurich Small Business website, agents can access, view and print their customers’ …
The American Insurance Association (AIA) has appointed Moses Mercado, deputy chief of staff to former House Democratic Leader Richard Gephardt, as vice president, federal affairs. Mercado becomes a key player in AIA’s federal affairs department, which advocates AIA member company …
Chicago-based Insurance Noodle has acquired XL Vianet (“Vianet”), a division of XL Specialty Insurance Company, to expand InsuranceNoodle’s capabilities and online product availability for its network of insurance agency and carrier partners. XL Vianet will be renamed InsureVianet, Inc. InsuranceNoodle’s …
