Washington’s Department of Labor and Industries has announced that beginning July 1, and over the next six months, employers and workers in the state will save an estimated $315 million in workers’ compensation premiums thanks to a partial rate holiday. …
Independent insurance agent Harry Abel of Abel Insurance Agency in Coos Bay, Ore., has been named to the national board of the Allstate Independent Agency Council. The council is made up of 11 outstanding independent agents from around the country …
Karen Sims has been promoted to claims manager for the California State Compensation Insurance Fund’s Fresno Claims Processing Center. Sims was hired as an office assistant in the organization’s Fresno District Office in 1988. She followed this with a promotion …
Edgewood Partners Insurance Center, a new California retail property and casualty and benefits insurance brokerage firm announced an agreement in principle has been reached with Calco Holdings Inc. to acquire Calco Insurance Brokers and Agents Inc. to serve as the …
Independent insurance agent Brad Bourg, of Donaldsonville, La., was named to the national board of Allstate Independent Agency Council, the company announced. The council is made up of 11 outstanding independent agents from around the country who represent the Allstate …
XL Insurance, the global insurance operations of XL Capital Ltd., announced the opening of a new regional office in Houston. The new office will focus on providing XL Insurance clients, particularly marine and offshore energy businesses in the region, with …
The Louisiana Senate has approved minor changes to the statewide building codes that were enacted soon after hurricanes Katrina and Rita, an attempt to ease complaints about how the codes are enforced. Under current law, construction of a new home …
Standard & Poor’s Ratings Services has affirmed its ‘A-‘ counterparty credit and financial strength ratings on ProAssurance Corp.’s operating companies: Medical Assurance Co., ProNational Insurance Co., and NCRIC Group Inc. (collectively, ProAssurance). S&P also affirmed its ‘BBB-‘ counterparty credit rating …
A.M. Best Co. has affirmed the financial strength rating (FSR) of “A+” (Superior) and the issuer credit rating (ICR) of “aa-” of Sompo Japan Insurance Inc. The outlook for the FSR is stable, and the outlook for the ICR has …
It is hypocritical for developed countries to criticize China’s greenhouse gas emissions while simultaneously buying products from its booming manufacturing sector, Beijing said Thursday, defending its environmental record after a report said it had become the world’s top carbon dioxide …
