March 18, 2010
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, …
March 18, 2010
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 …
March 18, 2010
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.
March 18, 2010
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.
March 18, 2010
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 …
March 17, 2010
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 …
March 17, 2010
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 …
March 17, 2010
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 …
March 17, 2010
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, …
March 17, 2010
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 …