The warning was ominous, its predictions dire: Oceanographers issued a bulletin telling Hawaii and other Pacific islands that a killer wave was heading their way with terrifying force and that “urgent action should be taken to protect lives and property.” …
A.M. Best Co. has downgraded the financial strength ratings to ‘B++’ (Good) from ‘A-‘ (Excellent) and issuer credit ratings to “bbb” from “a-” of Western Insurance Company (WIC) and Western Bonding Company (WBC), both of Reno, Nevada, and has revised …
Nevada may be the third most-active state for earthquakes after California and Alaska, but most homeowners don’t purchase earthquake insurance coverage. earthquake country, but what many people In light of Nevada Earthquake Awareness and Preparedness Week (Feb. 22-26), the Division …
An insurance company operating in Hawaii and 20 other states has been ordered to stop marketing and enrollment of new members to its Medicare Part D prescription drug plan. The order affecting Fox Insurance Co. of New York came from …
Standard & Poor’s Ratings Services has placed its ‘A+’ counterparty credit and financial strength ratings on American International Assurance Co. Ltd. (AIA) and American International Assurance Co. (Bermuda) Ltd. (AIAB) on CreditWatch with developing implications. The ratings on American International …
The February Business Conditions Index for the Mid-America region, a leading economic indicator from a survey of supply managers in a nine-state area, rose for a third straight month pointing to improving economic growth in the months ahead, according to …
Citizens of Hall County in Georgia who provided information in a house fire that led to the conviction of an arsonist have received arson reward checks totaling $4,500. Insurance and Safety Fire Commissioner John W. Oxendine and Bud Ausborn of …
Restaurant workers accounted for 6.1 percent of all California job injury claims, but only 4.1 percent of the state’s workers’ compensation benefit payments from 2000 to 2008, the California Workers’ Compensation Institute reported. In its latest “Industry Scorecard,” which provides …
Loveland, Colo.-based Ewing-Leavitt Insurance Agency, a Leavitt Group affiliate, has named Patrick Hagge vice president of risk management. Hagge will focus on providing safety and risk management support to clients. Hagge brings more than 23 years insurance experience to the …
Applied Systems Client Network (ASCnet), the user group of Applied Systems insurance agency management software, is planning to relocate by year-end 2010 to the Chicago area. Prior to the move, ASCnet will hire a permanent CEO to succeed interim CEO …
