A northwest Houston man, who allegedly burned a sport utility vehicle belonging to family members in order to collect $35,000 in insurance proceeds, was arrested and charged after an investigation by Harris County fire marshal investigators. According to the Houston …
Texas Insurance Commissioner Jose Montemayor issued an order on Feb. 26, 2003 requiring residential property insurers to file with the Texas Department of Insurance rates and supporting information as required in Senate Bill 310, which was recently signed into law …
The Florida Division of Workers’ Compensation fined a Port Charlotte engineering firm more than $54,000 for failing to provide workers’ compensation coverage for its employees. The division took the action after a fraud investigator found that Herston Engineering Services Inc. …
The Connecticut and New Jersey Young Insurance Professionals will host a new, four-phase program to help aspiring leaders gain management and influence skills to build their careers in the insurance industry. “The YIP Leadership Development Series is comprised of four …
New York’s Superintendent of Insurance Gregory V. Serio told a Capital District luncheon crowd on Tuesday that his Department has just learned that the New York Court of Appeals has granted leave for plaintiffs to appeal the NYSID’s unanimous victory …
Toronto-based Kingsway Financial Services Inc. issued a statement following the completion of a review of the financial strength ratings of it operating subsidiaries by A.M. Best Co., which affirmed current ratings on most of its U.S. subsidiaries. The company does …
Bermuda-based White Mountains Insurance Group, Ltd. announced that David Foy, 36, is joining the Company as Executive VP and CFO. Foy spent ten years with Hartford Life, where he was most recently Senior VP CFO. He is a Fellow of …
A.M. Best Co. announced that it has recently integrated its Asia/Pacific insurance rating and information operations to serve Japan, Australia and New Zealand under A.M. Best Asia-Pacific Ltd. in Hong Kong. “Companies in Japan, Australia and New Zealand will now …
Moody’s Investors Service announced that it has placed the ratings on Zurich Insurance Company [insurance financial strength rating of A1, senior debt rating of A2, subordinated debt rating of A3, and ZCM Matched Funding Corp.’s short-term rating of Prime-1], Farmers …
Bermuda-based Allied World Assurance Company, Ltd. (AWAC) announced that “in response to the continued contraction of capacity for excess casualty coverage,” it has doubled the limit for qualifying renewals and prospective insureds from $25 million to $50 million, effective immediately. …
