June 26, 2006
The Michigan Legislature wants to toughen the law regarding alochol limits for boaters. Alcohol typically plays a role in about a third of reported boating deaths each year, according to the Michigan Association of Insurance Agents. The report is based …
June 26, 2006
Among the highlights of the Independent Insurance Agents of Texas’ 109th Annual Conference and Trade Show held recently in Houston were the election of new officers and the presentation of awards to outstanding agents and association members. Robert W. Hempkins, …
June 26, 2006
Combined Agents of America LLC (CAA), based in Austin, Texas, announced that Lynn, Kiecke, Lackey Insurance Group Inc. in Bellville has joined the organization as its 35th member agency. “LKL Insurance is located in a very desirable region that is …
June 26, 2006
The Central Texas Chapter of the CPCU Society (Chartered Property Casualty Underwriters) announced the newly elected officers for 2006-2007. The new officers include: President-Staci Scott, operations team manager of State Farm Insurance; President-Elect Stephanie Harvey, senior underwriter of Texas Municipal …
June 26, 2006
FARA, a third party administrator of insurance services located in Mandeville, La., announced the appointment of Michelle Boullion to director of Human Resources. In this position, Boullion is responsible for all human resource functions for FARA. She is based in …
June 26, 2006
Two Baton Rouge, La., men and a Donaldsonville attorney face charges of conspiring to defraud an insurance company of $100,000, according to the Louisiana State Police. Investigators believe Glenn Davis, 55, and Jessie Melton, 68, intentionally crashed their vehicles in …
June 26, 2006
A.M. Best Co. has affirmed the financial strength rating of “B++” (Very Good) and the issuer credit rating (ICR) of “bbb” for Cyprus-based Alliance International Reinsurance Public Company Limited with a stable outlook. “The ratings reflect Alliance Re’s solid prospective …
June 26, 2006
A.M. Best Co. has affirmed the financial strength rating of “A” (Excellent) and assigned an issuer credit rating of “a+” to Japan’s Nipponkoa Insurance Company Limited with a stable outlook. “The ratings reflect Nipponkoa’s solid market profile, growth in risk-adjusted …
June 26, 2006
Fitch Ratings has affirmed the “BBB+” issuer default ratings (IDR) of White Mountains Insurance Group, Ltd. and its wholly owned intermediate holding company subsidiary, Fund American Companies, Inc., as well as the “BBB” senior debt rating of Fund American. Fitch …
June 26, 2006
A.M. Best Co. has assigned a financial strength rating of “A-” (Excellent) and an issuer credit rating of “a-” to Australia’s Guild Insurance Limited (GIL), with a stable outlook. “The ratings reflect GIL’s improving risk-adjusted capitalization, continued profitability and satisfactory …