Mullis Newby Hurst LP, a Texas-based writer of construction surety bonds, appointed Ray Watson as senior vice president. He will work out of Mullis Newby Hurst’s Dallas location. Watson recently joined Mullis Newby Hurst after owning his own surety agency …
Private sector workplace injuries and illnesses in Florida decreased slightly in 2001, down 800 from 288,200 in 2000, according to the Florida Department of Financial Services (FDFS). This statistic, among others, is the result of the Survey of Occupational Injuries …
At their annual state convention in Indianapolis, the Independent Insurance Agents of Indiana (IIAI), a professional and not for profit trade association, elected and confirmed the following individuals to the 2003 IIAI Executive Committee: Mark Bates, (president), Fleming, Bates & …
The Alabama Department of Insurance recently announced two rate hearings for private passenger automobile insurance. The first will be held March 25 and the second on April 1. The March 25 public hearing will address the proposed revision of private …
A.M. Best Co. has downgraded the financial strength rating to A (Excellent) from A+ (Superior) of Liberty Mutual Insurance Companies (Liberty Mutual) (Boston). A.M. Best has also downgraded the financial strength rating to A (Excellent) from A+ (Superior) of Liberty …
Property/casualty insurer use of arbitration as an alternative to the more formal and confrontational tort system results in a more efficient and equitable disposition of claims, benefiting both consumers and companies, a leading industry expert representing the Alliance of American …
State lawmakers around the country have been busy introducing a variety of bills aimed at the issue of mold, how it is addressed by society, and how it is covered by insurers. “We are currently tracking nearly 30 bills under …
Nebraska-based auto warranty and service contract insurer National Warranty Insurance Co. has been downgraded to “B++” (Very Good) from “A-” (Excellent) by A.M. Best & Co. The rating action follows NWIC’s decline in policyholder surplus through year-end 2002, which was …
Unless you’ve been hiding under a rock somewhere for the past year or two, yes, we’re in the midst of a hardening market cycle. After a prolonged soft market period, prices seem to be firming in every segment, with drastic …
December is the most dreaded month for a surplus lines broker. In addition to all the 12/31 and 1/1 renewals, one must deal with underwriters and employees having the gall to go on vacation, holiday parties, holiday closings and trying …
