Markel Amerincan Insurnace Company (MAIC) iannouned recently that Nancy Kane has been named to the newly-created position of business development director and Kevin Behringer is a new marketing associate. Kane comes to MAIC with more than 20 years of marketing …
A bogus letter telling recipients they have won a contest with a chance to win big money is at the center of fraudulent activity being perpetrated in multiple states. The letter is on forged MAG Mutual Insurance Co. stationery and …
The National Association of Professional Insurance Agents named MacNeill Group as the Managing General Agency of the Year at a luncheon in Savannah, Ga., earlier this month. MacNeill Group based in Sunrise, Fla., received the award for its “unsurpassed commitment …
Moody’s Investors Service said it was affirming the Baa2 senior unsecured debt rating and the Prime-2 short-term debt rating for Marsh & McLennan Companies Inc., the nation’s largest insurance brokerage. The rating agency also said its outlook for the New …
Saying his goal is to ensure Kansans have access to affordable health insurance and medical care by 2010, Republican gubernatorial candidate Jim Barnett outlined a plan that includes creating a one-stop shopping center for insurance coverage and reducing medical malpractice …
Farm Bureau Mutual Insurance Co. can no longer give free Farm Bureau memberships to customers who agree to buy insurance, state insurance regulators said. Susan Voss, commissioner of the the Iowa insurance division, said a new state mandate went into …
The two parties representing consumers have recommended that Massachusetts auto insurance rates be slashed next year — as much as 18 percent. The State Rating Bureau, a unit of the Division of Insurance, is calling for a statewide average decrease …
Independent reinsurance and risk intermediary Benfield has just released its latest European Quarterly Report, entitled “Hoping for the Best,” covering the first half results of European reinsurance groups. The report notes that, “low natural catastrophe losses and strong mid-year renewals …
Connecticut-based Specialty lines insurer Beazley announced that it is expanding BeazleySource, its proprietary risk management platform, to include information and advice for fiduciaries and administrators of employee benefit plans. “Launched in April, BeazleySource provides loss prevention services for management liability …
Zurich Financial Services Group announced that it has successfully completed the refinancing of its $3 billion syndicated revolving credit facility. “Given current strong liquidity in the bank market, the company decided to replace its existing $3 billion credit facility that …
