Concert promoter AEG Live’s chief executive said that insurance will help cover any losses on the now-canceled Michael Jackson concert series if the pop star died accidentally — including of a drug overdose — but not if he died of …
Allstate Floridian Insurance Co. and Allstate Floridian Indemnity Co., property insurance subsidiaries of Allstate Insurance Co., have changed their names to Castle Key Insurance Co. and Castle Key Indemnity Co., respectively. Mike Sheely, Allstate field vice president for Florida, said …
A report by the auditing arm of the South Carolina Legislature has concluded that the state insurance department overall does a good job regulating insurance companies and their rates but it could do a better job of documenting its decisions …
A.M. Best Co. has upgraded the financial strength rating to ‘B++’ (Good) from ‘B+’ (Good) and the issuer credit rating to “bbb” from “bbb-” of Guam-based Pacific Indemnity Insurance Company (PI), and has revised the outlook to stable from positive. …
Vancouver, Wash.-based Institute of Inspection, Cleaning and Restoration Certification (IICRC) has named Patrick Winters its first, full-time paid president, effective August 1, 2009. Winters will report to the IICRC board of directors and its chairman. The newly-created position that Winters …
A Federal Court judge in Sacramento, Calif., has ruled that Greyhound could be liable for failing to put seatbelts on its buses. In this case, the plaintiffs were eight passengers who were traveling on a Greyhound bus that was involved …
Consumers who filed complaints with the Missouri Department of Insurance received $5.9 million from insurance companies during the first half of 2009, the department has reported. The money was returned as a result of the department’s mediation efforts on behalf …
Members of the Workers’ Compensation Action Network (WCAN) have launched a campaign to oppose more than $60 million in new annual workers’ compensation assessments being proposed in California. The new assessments are part of a State Budget proposal by the …
A bulletin from Aon UK in London notes that “financial failure poses the greatest risk to global supply chains,” according to 75 percent of the companies who participated in Aon’s “2009 Risk in 21st Century Supply Chains survey.” 19 percent …
Indiana Department of Insurance has issued a warning to Indiana licensed agents to be aware of a potential scam targeting them. The Department has received reports from other states that individuals have been calling their licensed insurance agencies and representing …
