An auto insurance company does not have to defend a customer in St. Francis County who, while sitting in his pickup truck, shot another person through the wall of a house, the Arkansas Court of Appeals has ruled. Judges reversed …
Dallas-based Arcana Insurance Services LP announced that Susan Gropp has joined the firm as senior vice president over brokerage/underwriting operations and claims. She has over 25 years in the insurance business with proficiency in property and casualty underwriting, as well …
California’s State Compensation Insurance Fund has appointed John E. Putnam to vice president and member of its Executive Committee. Putnam, 52, of Fresno, brings a quarter century of workers’ compensation experience to his new vice presidential post. Putnam previously served …
Six new employees of Washington’s Department of Labor and Industries (L&I) are canvassing the state for contractors and electricians who are ignoring registration and licensing laws and gaining an unfair competitive advantage. “Legitimate contractors and electricians who provide protection to …
FSC Insurance Solutions, a business unit of Fiserv Inc., and Safeco have announced plans to provide independent agents in Connecticut with real-time personal auto insurance rates through FSC’s single-data-entry comparative rating platform, XcelerRator. The web-based rating system provides a combination …
Quanta Capital Holdings Ltd. has reported preliminary financial results for the fourth quarter and full-year ended Dec. 31, 2005, “subject,” the company said, “to completion of review by its auditors.” Quanta also acknowledged that it has “received notification from A.M. …
Bermuda-based Allied World Assurance Holdings, Ltd. has reported a net loss of $23.9 million for the fourth quarter 2005, compared to net income of $103 million for the fourth quarter 2004. The net loss for the twelve months ended December …
Tony Stevens has been named branch manager of the Tampa, Fla. office of ACE USA of Philadelphia, Pa., the U.S.-based operating division of the ACE Group of Companies. In this newly-created position, Stevens will work closely with insurance brokers and …
Reference to the National Catastrophe Insurance Plan is prominently absent from the National Association of Insurance Commissioner’s agenda as NAIC kicks off its March 4-7 Spring National Meetings in Orlando, Fla. Among the items on the NAIC agenda are, adding …
Standard & Poor’s Ratings Services announced that it has assigned its “A” long-term counterparty credit and insurer financial strength ratings to U.K.-based NIPPONKOA Insurance Co. (Europe) Ltd. (NKE), the wholly owned subsidiary of Japan’s NIPPONKOA Insurance Co. Ltd. (rated “A+”/stable) …
