The Florida First District Court of Appeals has expedited Allstate Insurance Co.’s appeal of Insurance Commissioner Kevin McCarty’s Jan. 17 final immediate order suspending the companies’ licenses to write any new business in the state. The court has directed that …
Farmers Group Inc. says it plans to recruit and train 400 new agents in the Milwaukee and Madison areas in an expansion that the insurer says could ultimately create 1,000 new jobs in Wisconsin. The company will invest about $20 …
On a Maplewood, N.J. hilltop with breathtaking views of New York’s skyline, sharpshooters perched in trees took aim Tuesday at white-tailed deer, a species being crowded out of one of the nation’s most densely populated areas. The problem is common …
Declining crime isn’t the only way New York City is becoming safer – new statistics show traffic deaths have hit a historic low, too. Data released Tuesday show car wrecks killed 271 people in the city last year. Mayor Michael …
A spokesman for the Foxwoods Resort Casino says the Great Cedar Hotel, hit by roof fire Tuesday, will remain closed for a few days. Saverio Mancini says there has been water damage to the upper floors of the hotel, although …
Standard & Poor’s Ratings Services said that its ratings and outlook on Allianz SE (AA/Stable/A-1+) and related entities were not immediately affected by the revision of the outlook to negative from stable on its German-based subsidiary Dresdner Bank AG (Dresdner; …
Standard & Poor’s Ratings Services has published an article titled, “Property/Casualty Insurance Criteria For Assessing Loss Reserve Adequacy For U.S.-Based Insurers/Reinsurers” on RatingsDirect, its web-based source for credit ratings, research, and risk analysis. S&P said the article explains the criteria …
A retired attorney who pleaded guilty in a lucrative kickback scheme involving class-action lawsuits against some of America’s largest corporations was sentenced this week in Los Angeles to six months home detention and two years probation. Federal prosecutors have said …
Nearly every company distributes electronic content over the Internet. There are 100 million daily video streams from YouTube.com alone, more than 60 million blogs being disseminated, more than 60 billion emails per day, and RSS feeds have reached nearly 275 …
The Zurich Financial Services Group has appointed Ian Parker, a 42 year old UK citizen, to the position of Head of Strategy for Europe General Insurance (EGI), effective February 1st. He will be responsible for “implementing the business division’s strategy …
