Oregon Mutual Insurance is donating the time and expertise of its property adjusters to help the Mississippi Farm Bureau handle the thousands of insurance claims related to Hurricane Katrina. “We are stepping up to the plate to help with disaster …
Crawford & Company Catastrophe Services has kept a watchful eye on Hurricane Rita, the year’s 17th named storm, as it churned through the Gulf of Mexico to Texas and Louisiana. Crawford, which already had hundreds of adjusters in the Gulf …
The Florida Supreme Court has ruled in Tallahassee against Miami-based gun manufacturers Taurus International Holdings and Taurus International Manufacturing Inc. In a unanimous ruling the court said gun-makers’ commercial liability insurance policies do not cover them against damages some cities …
A.M. Best Co. announced that it has downgraded its financial strength rating of the Bermuda-based Alea Group Holdings to “B++” (Very Good) from “A-” (Excellent) and the issuer credit rating to “bbb” from “a-” of the Group’s insurance and reinsurance …
Fitch Ratings announced that it has affirmed the ratings of Canada’s Fairfax Financial Holdings, Ltd. with a stable out look, and has removed the ratings from its negative credit watch. “The rating action reflects perceived improvements in Fairfax’s overall financial …
A.M. Best Co. has issued a comment, indicating that the proposed restructuring within Germany’s Allianz AG Group, including the proposed buyout of the minority shareholders of Italian insurer Riunione Adriatica di Sicurta S.p.A. (RAS), scheduled to be completed the first …
“Pulling Together” was the overall theme of the U.K.’s Chartered Insurance Institute’s Annual Conference, which concluded Friday, Sept. 23 in London. However, the “Three Re’s” took an equally prominent role. Delegates heard a great deal on how to address: The …
William Gallagher Associates in Boston has promoted three executives within its property and casualty group. Doug Bixby to has been elevated to senior vice president and Janice Clifford and Kristen Martin to assistant vice presidents. Bixby has more than 15 …
Annual deaths from fires blamed on cigarettes have fallen by a third in New York, which was the first state that required tobacco companies to sell self-extinguishing cigarettes, a state official said recently. Last year 28 people died in New …
Chopra Insurance Brokerage Inc. announced that Kimberly R. Carter has joined as a property/casualty broker. Carter will be responsible for developing new agencies and adding new insurance carriers for brokerage business. Carter has 17 years industry experience. She started her …
