Standard & Poor’s Ratings Services assigned its announced that it has assigned a “BBB-” counterparty credit rating to the Bermuda-based Arch Capital Group Ltd., with a stable outlook. “The rating is based on Arch and its operating companies’ very strong …
The Strategic Independent Agents Alliance (SIAA) and SIAA Canada the largest network of partnering independent insurance agencies in North America, announced that Cambrian Insurance Brokers of Sudbury, Ontario has established Northern Brokers Alliance as a Master Agency covering north and …
The Professional Insurance Agents of New York mourn the death of Edward J. Barry, CPCU, CIC, ARM, a past president of the organization, who passed away Feb. 18, 2004. The organization’s announcement noted that “Barry was actively involved with PIANY …
The Property Casualty Insurers Association of America and the American Insurance Association both expressed concerns over a bill proposed by Maine’s Governor John Baldacci, which the PCI says will “further restrict the ability of insurance companies to make decisions regarding …
The Independent Insurance Agents & Brokers of America (IIABA) announced it will hold its annual convention and Young Agent Sales & Leadership Conference, Oct. 9-12, at the Swan and Dolphin Hotel, located on the world-famous Walt Disney World property in …
With less than two months left until tax day, taxpayers are sifting through their files to assess last year’s gains and losses. An often-overlooked deduction is unreimbursed property and casualty losses, according to the Insurance Information Institute (I.I.I.). “If your …
Richard Swoy, chairman of Irvine, Calif.-based Superior Access Insurance Services Inc., announced that SAIS added an “A (excellent)” rated admitted carriers exclusively for SAIS member agents and brokers writing in California, Nevada and Arizona. Mid-Market Business Carrier is looking for …
Los Angeles-based Brown & Riding Insurance Services has announced that Juliette Gamini and Monika Arboles have joined the company as brokers. Juliette Gamini joins the Brown & Riding team with 10 years of industry experience, primarily as an underwriter with …
On February 20, 2004, the Arkansas Insurance Department issued the following directive on cancellations, nonrenewals and discriminatory underwriting practices for property and casualty insurance: The Department recognizes that Arkansas law imposes minimal restrictions on underwriting. However, the Department expects property …
A new insurer survey estimates that roughly three-quarters of claims stemming from the devastating October wildfires have been resolved. A poll by the Insurance Information Network of California of insurers representing more than 65 percent of the homeowners insurance market …
