Fitch Ratings has affirmed the ‘BBB+’ long-term issuer ratings of American Financial Group Inc. (AFG) and its subsidiaries American Premier Underwriters Inc. (APU) and Great American Financial Resources Inc. (GAFR). The affirmation affects $815 million worth of specific debt issuance …
The American Insurance Association today announced that Jeffrey L. Junkas has joined the organization as director of public affairs for the Midwest region. Junkas will be responsible for media relations, strategic planning and grassroots activities in the eleven-state region. He …
Bowling Green, Ohio-based banking and insurance firm Sky Financial Group Inc. has acquired Spencer-Patterson Agency, Inc. of Findlay, Ohio. Spencer-Patterson is a full-service agency that sells professional liability, personal and commercial insurance as well as group benefits. Spencer-Patterson was merged …
Agency aggregator SIAA Inc. announced that The Unland Cos. of Pekin, Ill., has established Central Illinois Agents Alliance as an SIAA master agency. Their territory will cover several counties in central Illinois. The Unland Cos. was originally founded in 1941. …
The National Association of Mutual Insurance Cos. has released an online report detailing efforts underway to reform the tort systems of the several states. In a statement publicizing the report, NAMIC said that the American tort system, “while generally strong …
The National Association of Insurance Commissioners (NAIC) released the salaries of its top five officers, who earned more than $1 million combined. NAIC Executive Vice President Catherine J. Weatherford was paid $294,805. The managing director of the NAIC’s Securities Valuation …
Strategic Research Institute will present the 6th Annual Insurance Technology Symposium on Feb. 1-4, at the Renaissance Scottsdale Resort, in Arizona. The 6th Annual Insurance Technology Symposium is geared for today’s business leader whose time is scarcer than ever, and …
Boston-based ProMutual Group, the largest provider of medical malpractice insurance in New England, has commented favorably on the recent reaffirmation of its “A-” (Excellent) rating by A.M. Best. The bulletin noted that Best had said the rating is based on …
Pennsylvania-based Meyer & Eckenrode Insurance Group, an affiliate of Sky Financial Group, announced the appointment of Edward D. Rawlings to the position of Regional President. He will oversee M&E’s regional insurance operations, reporting directly to Jerry Batt, CEO of Sky …
Pennsylvania-based Donegal Group Inc. has completed the previously announced acquisition of all of the outstanding capital stock of The Peninsula Insurance Company and Peninsula Indemnity Company from Folksamerica Holding Company, Inc. for approximately $23 million in cash. “Peninsula operates as …
