A.M. Best Co. announced that it has affirmed the financial strength rating of “B+” (Very Good) of Inter-Industry Insurance Company Limited (III) (Isle of Man) and its wholly owned subsidiary, Insurco Limited, (formerly Manufactured Buildings Insurance Company Limited [MBI]) (Isle …
A.M. Best Co. announced that it has affirmed the financial strength rating of A- (Excellent) of Denmark’s Tryg-Baltica Insurance, International Insurance Company A/S (TBI) with a negative outlook. “The rating reflects the company’s adequate risk-adjusted capital position despite deterioration and …
Standard and Poor’s Ratings Services announced that its ‘A’ insurer financial strength rating on Lloyd’s will not be affected by the company’s 2003 pro forma annual accounting result (See IJ Website April 7). “The 2003 pro forma annual accounting result, …
The Chicago-based Defense Research Institute (DRI), the organization which represents the insurance defense bar, announced hat it has joined other legal associations to hold an international conference in Barcelona, Spain, May 11-12. “Hundreds of defense attorneys, corporate counsel and insurance …
Fairfield, Ohio-based insurer Ohio Casualty Corp. has announced the resignation of Senior Vice President and Chief Investment Officer Richard B. Kelly, effective April 16, 2004. Kelly, 49, joined Ohio Casualty in 1986 as an investment analyst and has served in …
Allmerica Financial Corporation in Worcester, Mass. announced that Marita Zuraitis has been named president of Allmerica’s property and casualty companies, effective April 19. As president, Zuraitis will be responsible for the personal and commercial lines operations at Citizens Insurance Company …
IVANS, Inc., a provider of networking and customer care solutions to the insurance industry, announced the appointment of Clare DeNicola as the firm’s president and chief executive officer at its annual meeting in New York City. DeNicola was also elected …
The increasing prevalence of obesity is too significant for the life insurance industry to ignore, according to a Swiss Re study. The report analyses the impact of obesity on mortality trends, and identifies the implications of this escalating global epidemic …
The number of drivers enrolled in the Dollar-a-Day auto insurance program in Nw jersey has surpassed 1,500, just six months after it was launched to help uninsured drivers with limited means get affordable auto insurance, according to Banking and Insurance …
A former insurance claims manager accused of planting a keystroke recording device on a workplace computer has pleaded innocent in federal court. Larry Lee Ropp, 46, was indicted last month on one count of endeavoring to intercept electronic communications, a …
