A.M. Best Co. downgraded the financial strength rating to “A+” (superior) from “A++” (superior) of Travelers Property Casualty Pool based in Hartford, Conn. The rating has been removed from under review and assigned a stable outlook. Concurrently, Best affirmed the …
Program business in the current hard market is not quite dead, but has taken gunshots to the torso. There are heavy bruises on the neck, rope burns on the wrists and wounds consistent with a pointed object to the chest. …
Three trends dominate the agency agenda today: customers, competition and change. In customer service, these trends have translated themselves into three key areas. To be competitive agencies must provide: • One-stop and one-call access for every customer, whether they are …
Atlanta-based Crawford & Company announced that The Hartford has chosen Crawford & Company to participate in its preferred vendor program for cause and origin and surveillance claim services. Crawford & Company already participates in The Hartford’s preferred vendor program for …
Bradley Wilson, president of Florida-based North American Liability Group announced that in response to unauthorized spam e-mails being sent out about the company by an unknown third party or parties, that the company has retained independent counsel to investigate the …
A.M. Best Co. has upgraded the financial strength rating to B+ (Very Good) from B- (Fair) of State Farm Indemnity Company (Parsippany, N.J.). The outlook for the rating remains positive. The upgrade and positive rating outlook reflect the company’s enhanced …
The Central Texas Chartered Property Casualty Underwriters (CPCU) announced that State Representative Jack Stick will speak on “Battling Insurance Fraud” at the chapter’s April 27, 2004 luncheon. The event begins at 11:30 a.m. at State Farm Insurance Co. offices at …
The Georgia General Assembly wrapped up the second and final year of its 2003-2004 legislative session this month, primarily focusing on the 2005 budget, which overshadowed the many insurance-related bills that were introduced. “Although the Assembly approved next year’s budget, …
A Multicounty Grand Jury indictment naming a former Tulsa, Okla. firefighter was unsealed last week in Tulsa County District Court, Attorney General Drew Edmondson said. William Bradford Adams, 49, was indicted April 14 on one felony count of workers’ compensation …
Keenan, the largest privately held brokerage firm in California, announced a strategic alliance with First Solutions Insurance Services (FSIS) of Bakersfield that will create an expanded market reach for Keenan’s proven employee benefits and new consumer directed healthcare products throughout …
