Two Texas insurance organizations released a study recommending best practices for business relationships between wholesalers and retailers at the Joe Vincent Management Seminar in Austin. The study, Best Practices for Working Relationships Between Wholesalers and Retailers, published jointly by a …
Fitch Ratings has assigned an insurer financial strength rating of ‘A-‘ to Ohio Casualty Group’s intercompany pool members. In addition, Fitch has affirmed the ‘BBB-‘ senior debt rating and ‘BBB-‘ long-term issuer rating of Ohio Casualty Corp. The rating outlook …
Iowa-based EMC Insurance Group Inc. announced that Farm and City Insurance Co., a wholly-owned subsidiary, will discontinue writing nonstandard risk automobile insurance business and institute non-renewal procedures on all existing business. The effective dates for these actions will be determined …
Allianz Global Risks US Insurance Company has launched a new business unit to provide property insurance to the U.S. power generation industry, including utilities and wholesale suppliers. The company is targeting large, financially sound clients dedicated to the business of …
New Jersey’s Department of Banking and Insurance filed papers in Superior Court last Thursday to protect policyholders and consumers by seeking a liquidation order that would shut down a reportedly financially troubled auto insurance company. The liquidation will allow the …
Insurance Journal has discovered that there is an ongoing investigation into Torrance, Calif.-based Manning Riddell Insurance Services Inc. (License #0827722) in connection with the issuance of more than 1,000 phony Errors & Omissions policies for life insurance agents in some …
Due to corporate restructuring, Royal & SunAlliance has announced that they will dissolve their telephone claims operation of 55 claim professionals in Milbank SD. Located just 3 hours west of Minneapolis MN in a class A seven-story multiple use building …
Insurance Journal has discovered that there is an ongoing investigation into Torrance, Calif.-based Manning Riddell Insurance Services Inc. (License #0827722) in connection with the issuance of more than 1,000 phony Errors & Omissions policies for life insurance agents in some …
The McSweeney & Ricci Insurance Agency, of Braintree, Mass., announced that has recently hired Michael Lincoln to their Commercial Lines Department and Darcie Moss, as a Personal Lines Customer Service Representative, to their Scituate Branch location. A Commercial Lines Account …
The Nominating Committee of Erie Indemnity Company has unanimously agreed on its nominees for the Company’s Board of Directors to be elected at the Company’s Annual Meeting of Shareholders, scheduled for April 27, 2004, at the Company’s headquarters in Erie, …
