December 20, 2006
Fremont Michigan InsuraCorp, Inc. announced today that the rating of its insurance subsidiary, Fremont Insurance Co., has been upgraded by rating agency A.M. Best to “B++” (very good). The Best’s Financial Strength Rating is an independent third-party opinion as to …
December 20, 2006
SeibertKeck, based in Northeast Ohio, recently announced its recent merger with Jack Kohl Agency Inc., effective Jan. 1, 2007. The Jack Kohl Agency will remain at its Ravenna headquarters and will be known as Jack Kohl Insurance Agency moving forward. …
December 20, 2006
York Insurance Services Group, Inc., which is based in in Parsippany, N.J., has formed York Transportation and Logistics as a division of York Specialized Loss Adjusting, its large/complex property claims unit. The new unit is dedicated to inland marine, motor …
December 20, 2006
An Oklahoma man is facing 10 years in prison, and his wife will serve a three-year prison sentence after pleading guilty to five counts of violating the Oklahoma Solicitation of Charitable Contributions Act, Attorney General Drew Edmondson announced. Gregory Sean …
December 20, 2006
A Lecompte, La., woman was charged with attempting to kill two Pineville police officers as she fled the scene of a routine traffic stop, Pineville Police Staff Sgt. Darrell Basco said. Shelby Darlene Chambers, 45, was stopped Dec. 17 for …
December 20, 2006
Texas Mutual Insurance Company reported that a Houston nurse has pleaded guilty to workers’ compensation fraud-related charges. The Travis County 299th Judicial District Court sentenced Brenda Hernandez to five years of deferred adjudication. The court also ordered Hernandez to perform …
December 20, 2006
Standard & Poor’s Ratings Services recently revised its outlook on Professionals Direct Insurance Co. (PDIC) to stable from negative. Standard & Poor’s also said that it affirmed its ‘BBB’ counterparty credit and financial strength ratings on PDIC, which is based …
December 20, 2006
Carmel, Ind.-based Conseco Inc. today announced that President and Chief Operating Officer James Hohmann will be leaving the firm to become president of Allstate Financial. Conseco Chairman R. Glenn Hilliard said, “Jim Hohmann brought a wide breadth of insurance industry …
December 20, 2006
LIG Marine Managers has released a new Loss of Hire Program designed to pay for continuing expenses and loss of profits to vessel owner clients while their vessels are unable to work after a claim. Similar to Business Interruption or …
December 20, 2006
Northeast wholesale broker Jimcor Agencies has acquired Federico & Associates, a regional wholesaler based out of Lansdowne, Pa. Terms of the agreement have not been disclosed. Headquartered in Montvale, N.J., Jimcor Agencies has seven offices located throughout New York, New …