March 17, 2006
Standard & Poor’s Ratings Services has revised its outlook on Harleysville, Pa.-based Harleysville Group Inc. to stable from negative. Standard & Poor’s also said that it affirmed its ‘BBB-‘ counterparty credit ratings on the company. “We revised the outlook because …
March 17, 2006
The Hartford Financial Services Group Inc., Hartford, Conn., is lowering prices for many Utah drivers under its Dimensions personal auto insurance program, which is available through the company’s network of independent agents. New price adjustments will make the plan more …
March 17, 2006
California Insurance Commissioner John Garamendi has announced that Sacramento resident Wayne Allen Sorenson, 35, has been arrested on workers’ compensation insurance fraud charges after an investigation by the California Department of Insurance (CDI) Fraud Division revealed Sorenson allegedly collected Temporary …
March 17, 2006
American E&S Insurance Brokers, a wholesaler, has named Stephanie J. Smithson executive vice president-branch manager in its San Francisco office. Smithson joined American E&S in 2003 as a broker and most recently was sales and marketing manager. With more than …
March 17, 2006
Sacramento, Calif., resident John M. Ford, 33, has been arrested on insurance fraud charges after an investigation by the state Department of Insurance’s (CDI) Fraud Division revealed Ford allegedly submitted altered documents to support his automobile insurance claim. Ford was …
March 17, 2006
The strong winds that pushed wildfires across nearly a million acres of the bone-dry Texas Panhandle were easing early on Thursday, March 16, but in Oklahoma, the fire danger was picking up. A series of wind-whipped grass fires broke out …
March 17, 2006
Civil courts in New Orleans, La., have begun trying to speed up storm-related lawsuits – many of them against insurance companies – that deal with who should pay for property damages caused by hurricanes Katrina and Rita. Normally, plaintiffs wait …
March 17, 2006
Roughly 70,000 homeowners in areas hard hit by Hurricane Rita will face insurance hikes of 49 percent that were approved by Louisiana state regulators. The increase affects Louisiana Farm Bureau policyholders. The increase will allow the company to raise $30.6 …
March 17, 2006
The Insurance Educational Association and Chartered Property Casualty Underwriters Society’s (CPCU) Mt. Diablo chapter will be hosting its 7th Annual Educational Forum, “Forecasting the Future,” on Thursday, April 6, 2006. The forum is available for three continuing education credits toward …
March 17, 2006
Dallas, Texas-based Heartland Marketing Group Inc. announced the addition of Nicole Cosco as a commercial lines production underwriter. Her responsibilities will include assisting agents in the placement of standard lines business with carriers such as The Hartford, Safeco, St. Paul/Travelers, …