June 15, 2007
A national study says Hawaii does better than any state providing health care to its residents. A New York-based private foundation that promotes health care compared how states measured in 32 medical areas between 2002 and 2005. Iowa, New Hampshire, …
June 15, 2007
Legends Environmental Insurance Services in Phoenix has expanded its Wholesale Division with the hiring of John Rich as vice president of that division. Rich has 26 years of commercial insurance experience, having spent the past 13 years in the area …
June 15, 2007
Aon Construction Services Group has hired Lisa K. Crail as director, surety operations. In this role, Crail will be responsible for improving efficiency and reducing transaction costs related to surety and client fulfillment services in California and the Western Region. …
June 15, 2007
Indianapolis-based Classic Automobile Insurance Agency, an insurance company offering coverage for classic and collector cars, recently announced the offering of its Driver Club free to all customers nationwide. The Driver Club is a 24-hour roadside assistance program available 365 days …
June 15, 2007
The Louisiana Insurance Rating Commission will hold its regular monthly meeting on June 19 and if a bill to abolish the board passes the legislature, the June meeting may begin the countdown to its last one. The panel moved closer …
June 15, 2007
The Texas Department of Insurance Division of Workers’ Compensation announced that 14 companies with approximately 47,600 employees in Texas recently were approved to self-insure for workers’ compensation claims for a one-year period under the department’s self insurance program. Commissioner of …
June 15, 2007
A.M. Best Co. has placed the financial strength rating (FSR) of “B+” (Good) of New Jersey-based Kodiak Insurance Company under review with negative implications. However, Best indicated that the “FSR of ‘B++’ (Good) of Hermitage Insurance Group remains unchanged.” “The …
June 15, 2007
A.M. Best Co. has affirmed the financial strength rating (FSR) of “A+” (Superior) and issuer credit ratings (ICR) of “aa-” of Los Angeles-based Mercury Casualty Group and its members. Best also affirmed the FSR of “A-” (Excellent) and ICRs of …
June 15, 2007
Standard & Poor’s Ratings Services has affirmed its “A” junior subordinated long-term debt rating on the €1.5 billion ($2 billion) undated, subordinated, fixed-to-floating rate bonds issued by global reinsurer Munich Reinsurance Co. (rated ‘AA-‘ – Stable). S&P said it “characterizes …
June 15, 2007
The Archdiocese of St. Louis has dropped a lawsuit against a law firm that represents clients in clergy sexual abuse cases. The archdiocese had filed suit against Chackes, Carlson, Spritzer and Ghio last month seeking relief against disclosure of archdiocesan …