A.M. Best Co. has placed the financial strength ratings (FSR) of A+(Superior) and issuer credit ratings (ICR) of “aa-” of GeoVera Insurance Company, USF&G Specialty Insurance Company (both domiciled in Hunt Valley, Md.) and Pacific Select Property Insurance Company (Fairfield, …
The Western Insurance Agents Association, a leader in the fight against the Garamendi Agenda, submitted comments to the California Department of Insurance opposing yet another over-reaching proposed regulation impacting the insurance industry. Michael J. D’Arelli, Vice President, Legislative & Regulatory …
Mutual Benefit Group, a regional insurance company, is making a $4.9 million investment to expand its headquarters in Huntingdon, Pa., creating eight new jobs and retaining 199 current employees. The company is adding a 45,000-square-foot addition to its headquarters. MBG …
The American Insurance Association (AIA) on Tuesday sharply criticized a recent decision by the Ninth U.S. Circuit Court of Appeals that it says mandates an unfair application of the Fair Credit Reporting Act (FCRA) adverse action notice requirement not intended …
Howard Stone, president of Gray-Stone & Company Insurance recently announced that James Stone has joined the organization as underwriter/broker in the Thousand Oaks office. Stone comes to the organization with more than 25 years of insurance experience. He began his …
Aon Consulting, the human capital and management consulting organization of Aon Corporation, announced the opening of a new office in Las Vegas, Nevada. Karen Roberts, a senior vice president with Aon Consulting, said, “We are excited to be a part …
Trends in premium volume, loss reserves and admitted assets show that the captive insurance industry has reached a level of stability as it absorbs the benefits of the recent hard market while coping with legacy issues still affecting some within …
InsurBanc, the financial services provider to the independent agency community, announced that Scott Poore has joined the company as vice president of sales and business development. Poore will direct the sales and business development efforts of the bank, focusing on …
Insurance implications of natural catastrophes, key legislative and political issues confronting insurers and how emerging technologies will affect the insurance business, will be discussed during Oct. 16 to 19 Society of Insurance Research annual meetings in St. Petersburg, Fla. Dr. …
Creating a model act to establish a property claim history database would be “irrelevant,” given legislative action that has already occurred in the states wrote the National Association of Mutual Insurance Companies (NAMIC) to the National Association of Insurance Commissioners …
