October 31, 2008
Louisville, Ky.-based Kentucky Farm Bureau Mutual Insurance Co. deployed Guidewire ClaimCenter as its next generation claims management system. ClaimCenter replaces KFB’s legacy claims system. KFB said it deployed ClaimCenter to improve its levels of customer service to insureds, claimants and …
October 31, 2008
The Kentucky governor said he has asked legal experts to determine whether new evidence warrants reopening an investigation into one of the deadliest fires in U.S. history, a nightclub blaze that killed 165 people more than 30 years ago. Survivors …
October 31, 2008
Mississippi is one of 15 states that will share in $200 million allocated by U.S. Housing and Urban Development Secretary Steve Preston. The money is for states affected by natural disasters. According to a HUD news release, the funding is …
October 30, 2008
Standard & Poor’s Ratings Services has affirmed its ‘BBB-‘ counterparty credit ratings on Max Capital Group Ltd. and Max USA Holdings Ltd. The outlook on both companies remains positive. “The counterparty credit rating on Max Capital reflects its good competitive …
October 30, 2008
Global insurance broker Marsh, known for handling large and complex accounts, is out to win a share of the $80 billion in insurance premium paid by smaller and emerging growth companies in the U.S. The firm announced last week that …
October 30, 2008
New Orleans Saints offensive guard Jamar Nesbit filed suit against the maker of a weight-loss supplement on Oct. 26, alleging it was improperly spiked with a diuretic that is banned by the NFL. The lawsuit against the makers of StarCaps, …
October 30, 2008
Les Rock, president and chief underwriting officer of Ironshore Insurance Ltd., has resigned effective Oct. 31, 2008 for personal reasons. Howard Barnes, Peter Coleman and Rod Todd will continue to underwrite property insurance through Ironshore’s Bermuda office. Russ John has …
October 30, 2008
The state of Oklahoma will get nearly $1.8 million to help pay for recovery efforts from spring storms, tornadoes and flooding in four counties. U.S. Housing and Urban Development Secretary Steve Preston announced Tuesday Oklahoma will receive $1,793,876 from HUD’s …
October 30, 2008
A Missouri highway safety coalition has set a new goal of cutting annual traffic accident deaths to less than 850 by 2012, which would be the lowest mark since 1949. The Missouri Coalition for Roadway Safety wanted to get highway …
October 30, 2008
Standard & Poor’s Ratings Services has affirmed its ‘A+/A-1’ long- and short-term counterparty credit ratings on Netherlands-based insurance group AEGON N.V. S&P also affirmed its ‘AA’ long-term counterparty credit and insurer financial strength ratings on AEGON’s core operating insurance entities. …