Monthly Archives: <span>March 2010</span>

New York’s Bryan Insurance Gets Personal With Social Media

There’s no better time for insurance agents and brokers to delve into social networking technologies than now, according to those who study marketing and technology trends. More than four in five U.S. online adults use social networking tools — Facebook, …

NAS Insurance Offers General Liability with Professional Liability

NAS Insurance Services, Inc. has enhanced its miscellaneous and technology errors and omissions (E&O) insurance by adding general liability coverage with a $1,000,000 limit for each occurrence and a $2,000,000 general aggregate limit. General liability can be added for as …

Barlocker Insurance Services Adds Booth to Staff

Barlocker Insurance Services of Carlsbad, Calif., has added Michele Booth as an account executive. She brings with her 10 years of experience from Marsh Risk & Insurance in San Diego.

SullivanCurtisMonroe Names Yorke Account Executive

SullivanCurtisMonroe has added Christa Yorke as an account executive in its Irvine , Calif., office. Yorke joins SCM from Federated Mutual Insurance in Orange County, Calif., where she was a senior marketing representative.

Demotech Actuaries Offer Guidance on Florida Insurers’ Financial Ratings

The actuarial services firm, Demotech, which rates most of Florida’s newer and smaller domestic property insurers, has published a position paper outlining its approach to its carrier Financial Stability Ratings and the financial and management factors it monitors. Entitled Guidance …

Best Affirms Chubb Group and Subsidiaries ‘A++’ Ratings

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aa+” of the Chubb Group of Insurance Companies and its P/C members. Best also affirmed the ICR of “aa-“, senior debt …

Senate Passes Flood Insurance Extension; No House Vote Yet

The U.S. Senate has passed a measure to extend the federal flood insurance program until Dec. 31, 2010. The Senate-approved extension is a provision in a bill, American Workers, State, and Business Relief Act of 2010 (H.R. 4213), which extends …

S&P Revises Hartford’s Outlook to Negative; Debt/Hybrids Assigned Ratings

Standard & Poor’s Ratings Services has assigned its ‘BBB’ issue rating to Hartford Financial Services Group Inc.’s (HIG) proposed $1.1 billion senior debt offering. S&P assigned a ‘BB’ rating to HIG’s proposed $500 million mandatorily convertible preferred shares offering that …

Ratings Roundup: Middle East, China Taiping, LAWPRO

Standard & Poor’s Ratings Services has lowered its long-term counterparty credit and insurer financial strength ratings on Jordan-based Middle East Insurance Company (MEICO) to ‘BBB-‘ from ‘BBB’. The outlook is stable. The rating action follows the “downgrade on March 12, …

TimeWise: The Magic Time-Saving Box

A slender boy of 14 moves slowly across the room. His full head of long red hair bounces as he walks. His mind is racing. He sits at the oak table near the window of the vast room. On the …