February 22, 2008
A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘B’ (Fair) from ‘B-‘ (Fair) and assigned an issuer credit rating (ICR) of “bb+” to National Automotive Insurance Company of Metairie, La. The outlook for both ratings is stable. …
February 22, 2008
Insurance Journal is polling insurance agents and brokers nationwide in its quest to find out who’s worth what in the independent agency system. More than 1,600 agencies nationwide have already responded to Insurance Journal’s exclusive Agency Salary Survey. The survey …
February 22, 2008
A New York court has found two former executives at insurance broker Marsh guilty of monopoly, but acquitted the two of all other charges stemming from a bid-rigging case brought by the state’s attorney general, according to a clerk for …
February 22, 2008
Bluebook International, Inc., a California-based provider of residential replacement cost, risk analysis and other essential property value information reports for more 91 percent of the nation’s single family residences, announced that Bob Dowdell has joined the firm as advisory council …
February 22, 2008
Utah-based CPA firm Larson & Co. announced a merger with Los Angeles-based Rosenberger Schwartz & Co. The merged firm, Larson & Rosenberger, combines 32 years of insurance auditing and tax expertise, as well as regulatory compliance advisory services. Individually, the …
February 22, 2008
American International Group Inc. Friday filed a motion for a stay of a court order requiring it to turn over some internal documents to ex-Chief Executive Officer Maurice “Hank” Greenberg. An appeals court ruled earlier this week that Greenberg should …
February 22, 2008
Accident Fund Insurance Company of America recently recognized agencies by presenting its 2007 President’s Club Awards. The award is presented each year to a select number of independent insurance agencies that work with Accident Fund. The criteria focuses on outstanding …
February 22, 2008
The Texas Department of Insurance, Division of Workers’ Compensation will present two educational sessions, Newly Revised 2008 Hospital Fee Guidelines and Newly Revised 2008 Medical Fee Guidelines, sponsored by the University of North Texas Small Business Development Center (SBDC) on …
February 22, 2008
A federal appeals court Friday upheld a lower court ruling dismissing a civil lawsuit against major U.S. chemical companies brought by Vietnamese plaintiffs over the use of dioxin, or “agent orange,” during the Vietnam War. The decision was handed down …
February 22, 2008
The fines and prison time that repeat drunken drivers face would hinge on how much alcohol they have in their bodies under a measure that received key approval Wednesday in the South Carolina Senate. Senators also decided to increase the …