Newark Calif.-based Risk Management Solutions has taken another step in preparation for what experts are predicting will be an active hurricane season by integrating the third generation of its U.S. Hurricane model, introduced last February, into its RiskOnline(TM), a web-based …
Combined Agents of America LLC (CAA), a closed managing general agency based in Austin, Texas, announced it experienced a more than 46 percent revenue growth in 2002 over the previous year. The growth includes market share increases, premium rate adjustments, …
Heartland Marketing Group Inc., a provider of standard markets to independent agents, announced that a new Surplus Lines Homeowner Product will soon be available in Texas, Oklahoma, Arkansas, Kansas and Missouri. Heartland anticipates the product will be available in Texas …
On the last day of the regular session, Texas lawmakers passed insurance reform legislation, but according to the National Association of Independent Insurers consumers and insurers alike will have to wait to see if the new law will be beneficial …
Indianapolis-based Baldwin & Lyons Inc. reported that A.M. Best has upgraded its financial rating of the company’s subsidiary, Sagamore Insurance Company, from “A” to “A+” (Superior). Baldwin & Lyons said A.M. Best indicated the ratings upgrade is a reflection of …
The Missouri Department of Insurance (MDI) announced it licensed a new medical malpractice insurer in the state, the seventh to be okayed this year. The newly approved entity is a physician-organized carrier organized in Poplar Bluff that is expected to …
Cincinnati-based American Financial Group Inc. (AFG) reported it is has closed the sale of its previously announced offering of 30-year senior convertible notes, resulting in gross proceeds to the Company of approximately $175 million. The notes are senior unsecured notes, …
Ohio Insurance Director Ann Womer Benjamin announced that Michael Fulwider will join her senior staff as communications director. Fulwider is currently the director of Communications and Media Relations for Columbus Public Schools. He will start with the department at the …
Nevada State Insurance Commissioner Alice A. Molasky-Arman has approved a professional liability insurance program for dentists underwritten by Fortress Insurance Company (“Fortress”). The program will provide professional liability coverage for dentists at limits of up to $2,000,000 per patient, $6,000,000 …
San Francisco-based U.S.I. Holdings Corporation announced that it has consummated the previously announced acquisition of all the issued and outstanding capital stock of Woburn, Mass.-based Hastings-Tapley Insurance Agency Inc. Hastings-Tapley provides property and casualty insurance, risk management, and employee benefits …
