The Federal Emergency Management Agency is redrawing flood zone maps for the District of Columbia, adding a flood zone that would include Federal Triangle, much of the Mall, and a large portion of Southwest Washington. Property owners in the new …
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Personal Lines Insurance Agents E&O Nuts & Bolts: Travis-Pedersen & Associates of Arizona, LLC is …
A.M. Best Co. has affirmed the its Syndicate Rating of ‘A’ (Excellent) and issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 570 and of Lloyd’s Syndicate 609. Both syndicates are managed by Atrium Underwriters Limited (AUL). Best also revised …
Standard & Poor’s Ratings Services has withdrawn its ‘BB+’ rating on Concord Re Ltd.’s $365 million bank loan. The company repaid all outstanding amounts and terminated the facility. Fitch Ratings has upgraded the Insurer Financial Strength (IFS) ratings to ‘A’ …
A bill requested by Washington State Attorney General Rob McKenna to make it easier to prosecute identity theft cases is scheduled for a public hearing today before the House Judiciary Committee. “Records custodians often must fly long distances just to …
Allstate Insurance Co., in an ongoing exchange with the Florida Office of Insurance Regulation, submitted between 12,000 and 13,000 pages of documents Wednesday, according to a company spokesman. Allstate’s Adam Shores said the latest batch of documents, based on a …
Legal advocates in Wyoming say they plan to press for changes in the way the state’s workers’ compensation program distributes benefits to people injured on the job. The state program paid out about $121 million in benefits to injured workers …
Sloan Mason, based in San Diego, is offering a new program for fire, smoke, and water damage restoration companies nationwide. The company said it provides competitive general liability/auto/contractors pollution including mold coverage/workers’ compensation for these clients with an “A” rated …
Tom Wilson, president of WKF&C Agency, Inc., has announced that his firm will be offering earthquake deductible buybacks from an A.M. Best-rated “A” admitted carrier. With all construction types entertained, this coverage has a minimum premium of $2,500 with limits …
Van Maroevich, president and CEO of MOC Insurance Services/Maroevich, O’Shea & Coghlan, and Peter Brown and Harry Humphrey of Farallon Associates Insurance Brokers, both based in San Francisco, announced the merger of their companies effective Jan. 1, 2008. MOC Insurance …
