January 4, 2007
Bank of the West’s subsidiary BW Insurance Agency Inc. has acquired Contractor’s Insurance Services Inc., a full-service agency that specializes in providing commercial and personal lines, risk management and asset protection services for the building industry throughout the Pacific Northwest. …
January 4, 2007
Texas Windstorm Insurance Association (TWIA) funding issues will be the Property Casualty Insurers Association of America’s (PCI) top legislative priority in its Southwestern region, the insurer group announced. The Southwestern region includes the states of Arkansas, Oklahoma and Texas. Automobile …
January 4, 2007
The Texas Department of Insurance, Division of Workers’ Compensation (DWC) has updated the form for requesting a designated doctor examination in order to comply with the statutory changes made to Labor Code Β§408.0041 under House Bill (HB) 7 and 28 …
January 4, 2007
USRisk Brokers, a subsidiary of U.S. Risk Insurance Group (www.usrisk.com), has introduced a new Parking and Valet Operators Program designed for businesses engaged in operations related to parking customers’ cars, such as self-parking garages and lots, assisted parking, valet parking …
January 4, 2007
Burns & Wilcox, a Farmington Hills, Mich.-based national specialty insurance wholesaler, underwriter and managing general agent, announced the addition of Michael Bodner, who joins the company’s Parsippany, New Jersey office as a personal lines underwriter. Bodner joins the New Jersey …
January 4, 2007
Bruce Anderson has joined wholesale broker S. H. Smith & Co., Inc., based in West Hartford, Conn., as chief marketing officer. In his new role, Anderson will develop a national sales initiative, expanding the firm in underserved geographic areas and …
January 4, 2007
A.M. Best Co. has upgraded the financial strength rating (FSR) to A+ (Superior) from B++ (Good) and the issuer credit rating (ICR) to “aa” from “bbb+” of Parkway Insurance Co. of Bridgewater, N.J. The ratings have been removed from under …
January 4, 2007
In his first report to the state, New York Gov. Eliot Spitzer included reforms of the state’s workers compensation and health care systems among the priorities in an ambitious legislative agenda. He said the two systems are failing both the …
January 4, 2007
A woman whose father died in a house fire bought 560 smoke alarms to help firefighters with a new public safety campaign. Kathleen Federer, 44, used $2,885 from insurance on her father’s house to purchase the alarms. The devices will …
January 4, 2007
Bancinsurance Corp. today announced that the financial strength rating for Ohio Indemnity Co., a wholly-owned subsidiary, has been reaffirmed at A- (excellent) by A.M. Best Co. Ohio Indemnity’s issuer credit rating was also reaffirmed at “A-“. Additionally, the outlook for …