Monthly Archives: <span>April 2008</span>

Westfield Joins Mid-Ohio School to Launch Teen Driving Safety Program

In response to the national epidemic of driving accidents and fatalities impacting teenagers, The Mid-Ohio School has announced a multi-year partnership with Westfield Insurance to create a unique safety initiative for teenage drivers. Westfield Center, Ohio-based Westfield Insurance, which will …

Arch Capital Earnings, Conf. Call

Arch Capital Group Ltd. expects to release its 2008 first quarter results after the close of regular stock market hours on Thursday, April 24, 2008. The Company will hold a conference call for investors and analysts at 11:00 a.m. Eastern …

Ratings Roundup: Centene, Illinois Casualty, States Self-Insurers

Standard & Poor’s Ratings Services has lowered its counterparty credit rating on Centene Corp .to ‘BB-‘ from ‘BB’ and removed it from CreditWatch, where it was placed on March 19, 2008, with negative implications. The outlook is now stable. “We …

Everest Re Applies for Brazil License

The Bermuda-based Everest Re Group, Ltd. announced that its subsidiary, Everest Reinsurance Company, has applied to the Brazilian regulatory authorities for approval as an occasional reinsurer. Everest said: “The initial approval is the prelude to Everest’s planned entry as an …

S&P Puts Liberty and Safeco on CreditWatch Negative

Standard & Poor’s Ratings Services has placed its ratings on both Liberty Mutual Group Inc. (LMGI) and Seattle-based Safeco Corp on CreditWatch with negative implications, following the announcement that Liberty has signed a definitive agreement to purchase Safeco for around …

Zurich Expands with London M&A Unit

The Zurich Financial Services Group announced that its Global Corporate Mergers & Acquisitions (M&A) unit has expanded its operation through the opening of an office in London. The operation continues the expansion of Zurich’s M&A operations, launched in 2007. Thomas …

Surplus Lines Association Launches Employment Web Site

The National Association of Professional Surplus Lines Offices has launched a new online job center to help students and young professionals find employment opportunities in the surplus lines insurance industry. NAPSLO’s Jobs Portal Web site at http://jobs.napslo.org allows jobseekers to …

Kentucky Gov. Blocking Mine Safety Appointment of Ex-Fletcher Aide

Kentucky Gov. Steve Beshear’s administration is blocking the appointment of his predecessor’s top aide to Kentucky’s Mine Safety Review Commission. Stan Cave, who was former Gov. Ernie Fletcher’s chief of staff, has objected to the claim by Beshear’s general counsel …

Thousands of Florida Smokers to Split $600 Million Tobacco Fund

Tens of thousands of ill Florida smokers and families of those who died are lining up for a share of a $600 million fund created by major tobacco companies as part of a 14-year-old lawsuit against cigarette manufacturers. The Florida …

Ignoring Flood Signs could Bring Reckless Driving Charge in Tennessee

Drivers who ignore flood warning signs or barricades could be charged with reckless driving under a bill passed by the Tennessee Senate. The Senate voted 33-0 on Monday to approve the measure sponsored by Sen. Bill Ketron, a Murfreesboro Republican. …