Latest reports indicate that more than 50 people miraculously survived the crash of a Boeing 737-200, operated by Tans, the Peruvian national airline. The plane with 92 passengers and a crew of 8, took off from Lima early Tuesday afternoon. …
A.M. Best Co. has affirmed the financial strength rating of B+ (Very Good) and the issuer credit rating of “bbb-” of the Kenya Reinsurance Corporation Limited (Kenya Re) (Kenya). The outlook for both ratings is stable. The ratings reflect the …
ING Insurance Company of Canada and ING Novex announced that together they are reimbursing 180,000 Ontario clients as a result of the miscalculation of a discount from August 2003 until April of this year. This impacts about 6% of their …
The American Insurance Association urged Colorado legislators to consider several viable non-auto insurance options for providing additional funding for trauma care, as needed, to address the shortfalls that arise for reasons having nothing to do with auto insurance. “Funding of …
Cincinnati-based insurance consulting firm The Ward Group has recognized Cincinnati Financial Corp. and Western & Southern Financial Group for their five-year financial performance. Ward’s honored Cincinnati Life Insurance Co., a unit of Cincinnati Financial, and Western & Southern Life Insurance …
New results released this week by Salary.com in its Small Business Basic Medical Coverage Survey show that nearly 90 percent of small businesses are paying more to provide basic medical insurance to their employees in 2005 than in 2004. Half …
Move over Paris Hilton! According to a recent survey by AIG Auto Insurance, two-thirds (66 percent) of American men choose to be stuck in traffic with their wife/significant other this Labor Day weekend. Additionally, 44 percent of men and women …
The Farmers Insurance Group of Companies has announced a 15 percent rate reduction in workers’ compensation rates for its Texas business customers. This latest reduction comes on the heels of an earlier 20 percent workers’ comp rate cut announced last …
North Carolina farmers who suffered flooding losses from last year’s hurricanes will soon receive disaster-assistance grants from the North Carolina Department of Agriculture and Consumer Services. The checks issued to date will help farmers with the cost of removing debris …
Insurance agents in Miami and Dade County were dismayed to discover this morning that, “due to manpower shortages” the Miami Police Department has disbanded its Auto Theft Unit. A PD spokesman told the Miami Herald that the situation is temporary …
