Seacrest Partners, Inc., a Savannah-based insurance brokerage and employee benefits consulting firm, reported that J. Cliff McCurry has joined the firm as vice chairman. McCurry will oversee business development activities for the insurance agency. David Paddison, president of Seacrest Partners, …
The Main Street America Group, a super regional property/casualty insurance carrier, announced the availability of its new Main Line business owners policy (BOP) product and Main Street Station for commercial lines quoting and policy issuance system in Arizona, Nevada, Pennsylvania …
In contrast to A.M. Best and Standard & Poor’s, Fitch Ratings has downgraded the senior debt rating of the Allstate Corporation to ‘BBB+’ from ‘A’, and the financial strength ratings of Allstate’s P/C and life insurance subsidiaries to ‘A+’ from …
The Texas Department of Insurance announced enforcement actions taken by Commissioner Mike Geeslin that became final during December. The actions include five license revocations, three license denials and fines and restitution totaling $41,082. Copies of Geeslin’s orders may be obtained …
A.M. Best Co. has commented that its ratings and outlook on Allstate Insurance Group and The Allstate Corporation (Allcorp) “remain unchanged, despite recently reported fourth quarter 2008 financial results, which included substantial realized and unrealized capital losses on Allstate’s and …
Louisiana homeowners stunned by their rising insurance rates should remember that it could be worse. They could live in Florida. State Farm announced recently that it will stop doing business in Florida, the first big firm to follow through on …
The Chubb Group of Insurance Cos. has broadened its employment practices liability (EPL) coverage by offering a solution for companies concerned about late claim reporting of Equal Employment Opportunity Commission workplace discrimination charges. The endorsement permits EPL customers to report …
The Rhode Island town where a nightclub fire killed 100 people in 2003 says it needs help from the state to pay a $10 million settlement to survivors of the blaze and relatives of those who died. West Warwick plans …
The Professional Insurance Wholesalers Association of New York State Inc. has appointed Maya Cruz to its board of directors. Cruz, who is vice president of All Risk/CESI LLC in New York City, has served on a number of professional committees …
The U.S. Department of Justice says Maryland must soon implement a national computer system that warns buyers if a vehicle was stolen or previously damaged. Officials say the National Motor Vehicle Title Information System is a big advance in preventing …
