Gov. Matt Blunt said this week that representatives from the Consumer Services section of the Missouri Department of Insurance will be visiting areas of the state hardest hit by the recent severe weather. Major insurers State Farm Insurance Company and …
A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 609 (United Kingdom), which is managed by Atrium Underwriters Limited. At the same time, A.M. Best has assigned …
Professional Underwriters, am Exton, Pa.-based national program administrator for public entities based in Exton, Pa., has added 50 new coverage enhancements to its school program. According to Tom Ruddy, vice president of marketing, the endorsements are for property, general liability …
Oklahoma House lawmakers advanced a lawsuit reform package, sending a series of bills to the state Senate for consideration. The package is led by the comprehensive Common Sense in the Courtroom Act. House Bill 3120, the Common Sense in the …
General Motors Corp. is considering a bid of $12.5 billion to $13 billion for a majority stake in its financing arm from a group led by New York private-equity firm Kohlberg, Kravis & Roberts and some banks, The Wall Street …
Arkansas Democratic gubernatorial candidate Mike Beebe said he plans to unveil a health care proposal that will broaden health insurance to uninsured Arkansas workers. Beebe praised a new state program to offer health insurance to 80,000 low-income workers. Arkansas Gov. …
Texas insurers are seeking state approval of a plan to bolster a windstorm insurance pool for coastal property owners at risk during hurricane season. The industry wants the Legislature to approve $800 million in bonds to boost the Texas Windstorm …
Wildfires in the Texas panhandle have blackened hundreds of thousands of acres and leveled ranch houses and barns in its path. Unfortunately, most of the destruction including ranch land and cattle has been uninsured, according to the Insurance Council of …
JBL&K Risk Services, a Beecher Carlson company has added two new professionals in its Portland office. Scott Moss joins as vice president/account executive and Cynthia Hilton will also serve as vice president/account executive. Beecher Carlson operates under the JBL&K Risk …
Attorneys for a security contractor argued in a federal court have said that the state courts of North Carolina aren’t the proper place for a wrongful death lawsuit filed by the survivors of four former employees killed and mutilated in …
