September 22, 2005
Professional Insurance Agents of Florida instructor Ron Silverman answered 40 essential questions about catastrophe planning for hurricanes during educational sessions titled “Lessons Learned from Charley, Frances, Jeanne and Ivan,” Sept. 19 in St. Petersburg, Fla. Silverman, a long-time PIA of …
September 22, 2005
As Hurricane Rita barrels toward the Texas coast the American Insurance Association (AIA) offered the following tips to assist consumers and hurricane victims in protecting their homes and recovering from the storm as quickly as possible. Make a current inventory. …
September 22, 2005
Assurant Inc., a provider of specialty insurance and insurance-related products and services, has purchased additional reinsurance coverage as part of its catastrophic reinsurance program. The company is still assessing the total amount of claims related to Hurricane Katrina; however, its …
September 22, 2005
A.M. Best Co. has assigned indicative ratings of “bbb” to senior debt, “bbb-” to subordinated debt and “bb+” to trust preferred and preferred stock of the Bermuda-based PXRE Group Ltd.’s $300 million mixed shelf offering that was recently filed with …
September 22, 2005
State of Hawaii officials say the number of workers’ compensation claims filed in the state is on the decline. Preliminary figures show 2004 saw 2,347 fewer workers’ comp claims filed than in 2003, a drop of 8.2 percent. In 2003, …
September 22, 2005
The Texas Department of Insurance announced it is preparing staff and resources to be ready for the aftermath of Hurricane Rita, wherever the storm makes landfall. TDI said it is maintaining staff at the Division of Emergency Management State Operations …
September 22, 2005
CCC Information Services Group Inc., a leading supplier of advanced software, communications systems, Internet and wireless-enabled technology solutions to the automotive claims and collision repair industries, announced today that it has signed a definitive agreement to be acquired by an …
September 22, 2005
Nationwide Financial Services, Inc. today announced that it has priced and will issue in a public offering $200 million of senior notes at an interest rate of 5.10 percent per year, due Oct. 1, 2015. Nationwide Financial intends to use …
September 22, 2005
Eighty-five agents, agencies and company partner members of the Professional Insurance Agents of Georgia have donated more than $23,000 to help the American Red Cross and the Salvation Army meet the needs of individual hit by Hurricane Katrina. On Sept. …
September 22, 2005
A South Carolina woman has pleaded guilty to one count of insurance fraud after she claimed her vehicle was stolen and burned, according to state Attorney General Henry McMaster. Shaunta M. Dukes told police she had been at the movies …