June 7, 2007
Ken Nigohosian, the executive vice president for Western Insurance Agents Association will be assuming additional duties to spearhead the association’s legislative and regulatory affairs. Nigohosian joined WIAA eight months ago after a stint as the executive director of the Alliance …
June 7, 2007
Reno, Nev.-based Employers Holdings Inc. announced insurance rating bureau A.M. Best has affirmed its financial strength rating of A- (Excellent) and assigned issuer credit ratings of “a-” to Employers Insurance Group and its two pooled property/casualty operating subsidiaries, Employers Insurance …
June 7, 2007
Police arrested a key witness in the case involving a former Saginaw, Mich. mayor charged with arson and insurance fraud in the burning of her 1986 Mercedes-Benz. Jerry W. Wilkins was arrested June 1st at a restaurant by police in …
June 7, 2007
A.M. Best Co. has affirmed the financial strength rating (FSR) of “A” (Excellent) and the issuer credit ratings (ICR) of “a” of New York-based QBE Re Group U.S. and its members. Best also removed the ratings from under review with …
June 7, 2007
A.M. Best Co. has affirmed the financial strength rating of “B+” (Good) and the issuer credit rating of “bbb-” of Jordan’s Arab Orient Insurance Company with a stable outlook. The ratings reflect the company’s improved risk-adjusted capitalization, leading business position …
June 7, 2007
In November, a judge gave hope to Louisiana homeowners trying to collect insurance money for flood damage caused by Hurricane Katrina. Now, that decision is under scrutiny. U.S. District Judge Stanwood Duval Jr. sided with policyholders who argued that language …
June 7, 2007
The superintendent of a Rio Grande Valley (Texas) school district, several school board members and others face charges alleging they accepted more than $600,000 in bribes to steer contracts to certain businesses, federal officials said June 5. The contracts included …
June 7, 2007
A Louisiana House of Representatives committee recently approved two proposals to reduce the number of homeowners insurance policies written by the state-backed company known as the “insurer of last resort.” Sens. James David Cain and Reggie Dupre are sponsors of …
June 7, 2007
Ann Arn, a commercial lines CSR with Gans & Smith Insurance Agency in Longview, Texas, has won the Independent Insurance Agents of Texas Accredited Customer Service Representative of the Year award. Additionally, Lori Flores, vice president of Frost Insurance Agency, …
June 7, 2007
The South Carolina House has concurred with the Senate on the so-called coastal property omnibus bill and forwarded it to the governor who is expected to sign the legislation. HB 3820 includes a limited expansion of the South Carolina Wind …