Fireman’s Fund Insurance Co. is now offering ‘green’ homeowner’s insurance to consumers in the state of Minnesota. This is the first-ever admitted green insurance available to homeowners in the state, according to the company. Fireman’s Fund customers may purchase the …
The Michigan Insurance Hall of Fame (MIHOF) is now accepting nominations for its 16th annual induction ceremony Wednesday, Aug. 19 on the Olivet College campus. The MIHOF recognizes individuals who have made a significant contribution to or have had a …
North Carolina Department of Insurance investigators said they arrested Teeketa Graham Davis of Sophia, N.C. on charges of embezzling more than $68,000. Department investigators allege that Davis, a licensed insurance agent with Wilson Insurance Associates, pocketed $68,465.09 in customer insurance …
Former North Carolina Insurance Commissioner Jim Long, who retired last month after serving 24 years as state regulator, died Monday, 12 days after suffering a stroke. Long, 68, was one of the longest-serving elected officials in state history. Before being …
With record amounts of snow in North Dakota, Insurance Commissioner Adam Hamm is urging homeowners, renters and business owners to consider buying a flood insurance policy. Hamm says there’s a 30-day waiting period before a policy becomes effective, and it’s …
ACE Limited expects to issue its year-end, fourth quarter earnings release and financial supplement after the market closes today, Tuesday, February 3, 2009. A copy of these documents will be available promptly following such issuance in the Investor Information section …
A.M. Best Co. has withdrawn the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit rating (ICR) of “aa-” of Swiss Reinsurance Company Canada and has assigned a category NR-5 (Not Formally Followed) to the FSR and an “nr” …
Bermuda-based AXIS Capital Holdings Limited announced that Christopher DiSipio has joined AXIS Insurance in Berkeley Heights, NJ as CEO of AXIS Insurance’s newly formed Accident & Health Division. He has over 24 years of experience in international accident, health and …
Standard & Poor’s Ratings Services announced that its “ratings on Emerson Re Ltd.’s three bank loans are unaffected by CIG Reinsurance Ltd. and New Castle Re Ltd.’s (collectively the cedents) decision to cease the underwriting of new or renewal business.” …
Standard & Poor’s Ratings Services has raised its counterparty credit and senior unsecured debt ratings on Bermuda-based insurance and reinsurance holding company AXIS Capital Holdings Ltd. to ‘A-‘ from ‘BBB+’. S&P also raised its counterparty credit and financial strength ratings …
