December 20, 2006
The New Hampshire Insurance Department has approved a workers’ compensation voluntary loss cost decrease of 0.9 percent on average along with a reduction in assigned risk rates of 0.6 percent. The new figures go into effect Jan. 1, 2007. The …
December 20, 2006
prudential North Carolina continues to stand out as the state with lowest auto insurance rates east of the Mississippi and fifth lowest in the nation. The statistics are gleaned from a report by the National Association of Insurance Commissioners which …
December 20, 2006
A majority of state government agenciesin Virginia are doing an unacceptable job of protecting information like Social Security and credit card numbers, driving records and medical information, according to a state report. Eighty percent of the 104 state agencies and …
December 20, 2006
Georgia could see fewer than 100 fire deaths this year — the lowest toll in nearly a decade — thanks to warm weather that is expected to last for rest of the year, according to statistics from the state Insurance …
December 20, 2006
Catlin Group Limited announced the opening of its new Underwriting Floor in London.The new facility, located on the Upper Ground Floor of the London Underwriting Centre (also Catlin’s London headquarters), covers 20,000 square meters (over 200,000 sq. ft.), and “has …
December 20, 2006
A.M. Best Co. has issued a statement indicating that the ratings of Bermuda-based Catlin Group Limited, Catlin Insurance Company Limited and Catlin Insurance Company (UK) Ltd. will “remain under review with negative implications following Catlin’s announcement that its offer for …
December 20, 2006
Standard & Poor’s Ratings Services has revised its outlook to positive from stable on Tunisia-based reinsurer B.E.S.T. Reinsurance Co. (Best Re). S&P also affirmed the Company’s ‘BBB’ long-term counterparty credit and insurer financial strength ratings. “The outlook revision reflects Best …
December 20, 2006
Standard & Poor’s Ratings Services has revised its outlook on Transatlantic Holdings Inc. (TRH) and its operating subsidiaries – Putnam Reinsurance Co., Trans Re Zurich, and Transatlantic Reinsurance Co. – to negative from stable. S&P also affirmed its “A-” counterparty …
December 20, 2006
Lloyd’s may have become a lot more focused on technology, underwriting discipline and the bottom line in recent years, but that doesn’t mean it’s been neglecting its tradition of writing innovative and sometimes even bizarre coverage. Movie star body parts …
December 20, 2006
Parsippany, NJ: York Insurance Services Group, Inc. (“York” or “the Company”), a leading insurance services provider, announced today the creation of York Transportation and Logistics (“York T&L”) as a division of York Specialized Loss Adjusting (“York SLA”), York’s large/complex property …