A civil lawsuit filed against a South Williamsport gun shop could be the first to go to court that would hold gun dealers accountable when criminals get their hands on guns, lawyers say. In April 1999, 7-year-old Nafis Jefferson was …
A.M. Best Co. announced that it has affirmed the financial strength rating of “A+” (Superior) of the Bermuda-based PartnerRe Group and its affiliated companies. Best also said it has assigned debt ratings of “a-” senior debt, “bbb+” subordinated debt and …
Zurich’s Emerging Markets Solutions group, the company’s political risk and trade credit insurance unit, announced that it has signed a memorandum of understanding with the China Export & Credit Insurance Corporation, also known as Sinosure. “This public/private collaboration will work …
Standard & Poor’s Ratings Services announced that it has revised the rating outlook on Australian insurer AMP Ltd.’s key operating subsidiaries and holding company to stable from negative. S&P also said it has affirmed the “A+” insurer financial strength and …
France’s SCOR Group announced the official licensing of its Korean operations this month, and indicated it was very pleased with the rates of renewal of its Korean business. The company noted that “the treaty renewals of the SCOR Group at …
Sanborn’s Mexico Auto Insurance, a division of Travco Services Inc, is pleased to announce the release of an e-commerce site to sell southbound Mexico insurance. The site, developed through Insurance Technologies Corporation of Carrollton TX, enables both agents and travelers …
Insurance Technologies Corporation (ITC) is pleased to announce the release of real-time credit/risk scores (financial responsibility scores) from their comparative rating system (TurboRater) in Tennessee and Indiana. This will give the agent the ability to order credit with a single …
Governor Schwarzenegger fulfilled one of his most ambitious campaign promises April 19 signing Senate Bill 899 (Poochigian), a comprehensive workers’ compensation bill that addresses many of the major cost drivers and problems that have plagued the system and driven employers …
Philadelphia-based Intracorp says that it can help slow down skyrocketing workers’ compensation costs through a new suite of managed care tools designed specifically for California companies. “With medical costs in California among the highest in the nation, and workers’ compensation …
A Las Vegas woman has launched an initiative drive to roll back auto, homeowners and medical malpractice insurance rates by 20 percent and to provide an additional 20 percent reduction for good drivers. At the same time April 16, Carmen …
