Fitch Ratings has affirmed the ‘A-‘ long-term issuer rating on GE Insurance Solutions Corp. (GE Insurance) and the ‘A-‘ratings on GE Insurance’s senior unsecured notes. Fitch has also affirmed the ‘AA-‘ insurer financial strength (IFS) rating on GE Insurance’s subsidiary, …
California Insurance Commissioner John Garamendi has imposed discipline upon two agents and the companies they work for over their marketing of an illegal tribal-based insurance product. The actions taken by the commissioner include fines, cost reimbursement, and a restriction on …
A resolution, acknowledging the Florida Department of Financial Services efforts to fight insurance fraud has been presented to Tom Gallagher, Chief Financial Officer by the Florida League of Cities. The resolution specifically praised the work of Lt. Skip Bosworth, an …
Chicago-based Acordia Inc., a Wells Fargo Company, announced that H. David Wood has accepted the position of senior vice president, regional managing director of Acordia’s West region. Wood will assume the leadership of the offices in the West region’s seven …
National Union Fire Insurance Company of Pittsburgh, Pa., a member company of American International Group Inc. (AIG), announced the enhancement of its AIG ProTech Modular Edition for professional liability and network security risks. The new version of the program features …
While most people associate fatal auto crashes with speeding or drunk driving, making a trip to the grocery store could prove just as, if not, more treacherous. A new survey conducted by the Farmers Insurance Group of Companies showed more …
An action plan and recommendations for improvements to make Citizens Property Insurance Corporation ready to respond during a major disaster, such as last year’s devastating hurricanes, has been submitted to the Citizens Task Force created by Florida’s Chief Financial Officer …
As chairman of the grants committee of Insuring the Children, Orange County Chapter, Lawrence G. Shoaf has reported that in 2004, Insuring the Children awarded grants to seven Southern California charities totaling $125,000. The awards included: $30,000 to the Orange …
Donald M. Shorey, executive vice president of Los Angeles-based Swett & Crawford Group has been named western region manager, overseeing 12 offices throughout the West. Shorey has more than 35 years of experience in the insurance industry, having served as …
South Carolina Governor Mark Sanford is carefully screening candidates, looking for someone with a strong insurance background to head the South Carolina Insurance Department. After former Insurance Commissioner Ernie Csiszar resigned to take a position the Property Casualty Insurers Association …
