August 3, 2008
Calfornia’s Department of Insurance has approved the first green homeowners insurance policy in California, offered by Fireman’s Fund Insurance Co. “I am very pleased today to announce that Californians will soon have another option for homeowners insurance — and an …
August 3, 2008
Concord, Calif.-based Union General has an “A+” rated carrier offering premises/operations and product/completed operations coverage for all types of special events. Most pricing is on a per day basis. Limits up to $2 million occurrence/$3 million aggregate are available. Personal …
August 1, 2008
Encino, Calif.-based NAS Insurance Services has expanded its HR risk management capabilities by partnering with HReSource to provide new and expanded HR risk management support and services with the purchase or renewal of EPL insurance. HReSource services provide insureds with …
August 1, 2008
Authorities in eastern Idaho say a series of wildfires in recent years, including the largest so far this year, may be the work of arsonists. Power County Sheriff Jim Jeffries says he is now looking for help from the public …
August 1, 2008
Florida-based Brown & Brown Inc. announced the stock acquisition of and Fullerton & Company Inc., of Portland, Ore. Fullerton & Company has annualized revenues of approximately $9.3 million, the announcement said, and specializes in benefit plans, and property and casualty …
August 1, 2008
Standard & Poor’s Ratings Services has lowered its counterparty credit and insurer financial strength ratings on the UK-based Congregational & General Insurance PLC to ‘BB+’ from ‘BBB-‘. S&P also placed its ‘BB+’ rating on the company on CreditWatch with negative …
August 1, 2008
A.M. Best Co. and Standard & Poor’s Ratings Services have both reacted positively to The Hanover Insurance Group’s (THG) announcement that has reached agreement to sell its remaining run-off life insurance business. Best said it sees no change in any …
August 1, 2008
Millbrook Inc., a provider of property/casualty insurance business intelligence and data services, and Valen, predictive analytics experts, have partnered to provide predictive analytics for the property/casualty insurance industry. “A Millbrook and Valen partnership provides both companies an opportunity to have …
August 1, 2008
Despite shaking a large swath of Southern California, a magnitude-5.4 earthquake was not the “Big One” that scientists have long feared. Still, it rattled nerves, causing people to vow to step up their emergency preparations. The quake, which rocked the …
August 1, 2008
Although this new suburb of 80,000 people was just a few miles from the epicenter of a 5.4-magnitude earthquake, the city withstood the shaking with almost no damage at all. If a quake had to hit somewhere in densely populated …