August 19, 2008
Aon Risk Services of Southern California, a unit of Aon Corp., announced that Philip A. Simone has joined the firm as senior vice president for Aon Risk Services. He will be based in Irvine, Calif. Simone brings more than 30 …
August 19, 2008
Standard & Poor’s Ratings Services has assigned its ‘A-‘ long-term counterparty credit and insurer financial strength ratings to Catlin Speciality Insurance Co. (CSCI) and Catlin Insurance Co. Inc. (CICI) (together Catlin US). The two companies “are expected to represent the …
August 19, 2008
Swiss Re appointed Walter A. Bell as chairman of Swiss Re America Holding Corp. Bell, whose appointment with Swiss Re is effective Sept. 2, is currently insurance commissioner of the Alabama Department of Insurance, a position he has held since …
August 19, 2008
ASI Lloyds (ASI), a subsidiary of Florida-based American Strategic Insurance Corp. and an admitted Louisiana insurer, has launched an investor, rental and seasonal dwelling policy for Louisiana properties in addition to its current homeowners offering. ASI opened for business in …
August 19, 2008
Oklahoma Insurance Commissioner Kim Holland has ordered Underwriter Reinsurance Co., also known as The Underwriter Group, to refrain from selling unlicensed, unauthorized insurance in her state. The Oklahoma Insurance Department reported that an investigation found The Underwriter Group, headed by …
August 19, 2008
Garrett Insurance Agency Inc. has joined Texas-based Combined Agents of America LLC (CAA) as its 36th member agency. Garrett Insurance Agency was established in Kerrville, Texas, in 1918 by W. G. Garrett Jr. and L. D. Garrett. Ninety years later, …
August 19, 2008
Delaware Insurance Commissioner Matt Denn is ordering a 11.57 percent across-the-board cut in average workers compensation premium rates effective October 1, 2008. Denn also said that he will consider making additional reductions within the next 60 days. Combined with a …
August 19, 2008
A national insurance trade group is praising the Iowa Insurance Division over its decision to rescind a bulletin that would restrict gifts and other small items under the heading of charities or advertising. The Property Casualty Insurers Association of America …
August 19, 2008
A Jockey Club panel will be studying whether the number of horses allowed into the Kentucky Derby poses a safety risk. The annual Run for the Roses at Churchill Downs in Louisville, Ky. regularly draws 20 horses to the race. …
August 19, 2008
Yes, there will be more Alabama state troopers patrolling state highways this week. Beginning Aug. 18, troopers were on the lookout for drivers who violate traffic laws. The Department of Public Safety said troopers will also use vans called “BAT …