A.M. Best Co. announced that it has affirmed the financial strength rating of “A+” (Superior) of Spain’s Ocaso, S.A. Seguros y Reaseguros, with a stable outlook. “The rating reflects the company’s superior risk-based capitalisation, excellent and stable operating performance and …
Santa Cruz, Calif.-based The Nonprofits’ Insurance Alliance of California hiried Ann Shanklin as director of loss control. Working in collaboration with NIAC’s member nonprofits and their insurance brokers, Ann will work to improve all aspects of safety in the delivery …
Brown & Brown Inc. today announced that Greenwich Insurance Company, XL Capital Ltd’s US- based primary insurer (Greenwich), will become the new carrier for the Lawyer’s Protector Plan (LPP) insurance program, effective as of Sept. 1, 2005. Brown & Brown …
The Alabama insurance market is “impressive” and the state has a “healthy market, trending upward,” Alabama Insurance Commissioner Walter A. Bell told members of the Alabama Independent Insurance Agents during their annual conference and exhibit in Destin, Fla. The speed …
Allstate Insurance Company will pay $30 million to California auto and homeowner policyholders that were overcharged, according to the Los Angeles Times. Approximately 250,000 customers will receive refunds, while the company also agreed to pay a California Department of Insurance …
Arrowhead General Insurance Agency Inc. announced that its Professional Liability Division (www.ArrowheadPro.com) has launched an Employment Practices Liability Insurance program for small and mid-market businesses in 47 states. Chuck Brady, president of the Arrowhead Professional Liability Division, said the EPLI …
Wyoming officials have, for now, declined to change the amount businesses pay for workers’ compensation insurance. “The issue was not dropped,” said Wendy Tyson, administrator of the Employment Tax Division. “We still feel there’s a need for change.” Companies pay …
The worst danger from California’s first major wildfires of the season seemed to have subsided Friday, but officials said the blazes should serve as a reminder of what’s to come in the region, where heavy winter rains spawned enormous vegetation …
Patrick Watkins, president of the Watkins Insurance Group in Austin, was named Young Agent of the Year by the Independent Insurance Agents of Texas. In addition, Kelly McCoy, senior commercial accounts manager at McQueary, Henry, Bowles, Troy in Dallas, won …
A statewide group representing physicians is gearing up for a possible multimillion-dollar initiative campaign aimed at helping doctors burdened by rising costs for medical malpractice insurance. The Arizona Medical Association is seeking proposals from political consulting firms for work on …
