Penn National Insurance announced a number of executive moves, including the retirement of CEO Dennis C. Rowe. Rowe will retire October 1, but retain his position as chairman of the board. He began his career with Penn National Insurance in …
A.M. Best Co. has assigned a financial strength rating of A- (Excellent) and an issuer credit rating of “a-” to John Deere Insurance Company (JDIC) of Johnston, Iowa. The outlook assigned to both ratings is stable. The rating actions reflect …
Despite incidents of road rage and complaints from a core group of heavy drivers, Texas residents generally believe their cities are “drivable,” with at least 60 percent in each of the major cities of Dallas, Austin and San Antonio stating …
An insurance agent organization revealed a new brand identity — including a new logo and tagline. The AMS Users Group changed its name and is now known as the Network of Vertafore Users, or NetVU. NetVU revealed its new brand …
A.M. Best Company has reaffirmed for 2010 the financial strength rating of “A” (Excellent) Louisiana Workers’ Compensation Corp. This is the ninth consecutive year that LWCC has received the “A” rating, the insurer noted. LWCC’s financial size category is Class …
The Massachusetts state fire marshal and Everett officials are investigating eight fires they say were deliberately set. Fire Marshal Stephen Coan said Sunday that the fires were set during a 45-minute period between 11 p.m. and midnight Saturday. No injuries …
An upstate New York man has been charged with fraudulently collecting $6,000 in no-fault lost wage benefits, the New York State Insurance Department said. State police arrested Daniel J. Weisenburger, of Rome, following an investigation by the Insurance Department’s Frauds …
New York-based Privilege Underwriters Reciprocal Exchange (PURE) said it would begin offering personal lines coverage to owners of high-value homes in Maryland and Washington D.C.. The company, a member- owned reciprocal insurer, said it will also offer automobile, jewelry, art, …
May 1, 2010 is the deadline for agents licensed in South Carolina to complete their first-ever producer license renewal process and become compliant with their ongoing continuing education requirements. Compliance requirements include the completion of 24 hours of continuing education, …
Georgia Insurance Commissioner John Oxendine said that he will not participate in the first phase of recently enacted federal health care legislation that calls for the implementation of a temporary high risk insurance pool in Georgia. Oxendine said that the …
