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

Ratings Recap London General, Arab Orient (UAE) Arab Orient (Jordan)

A.M. Best Co. has affirmed the financial strength ratings of ‘A-‘ (Excellent) and issuer credit ratings of “a-” of London General Insurance Company Limited (LGI) and London General Life Company Limited (LGL), both with stable outlooks. LGI and LGL are …

State Auto Income Up for Q1 2010

State Auto Financial Corp.(STFC), based in Columbus, Ohio, has reported first quarter 2010 net income of $12.9 million versus a net loss of $14 million. The company’s combined ratio for the first quarter of 2010 was 99.7 compared with 112.0 …

Barney & Barney Insurance Brokerage Launches Women’s Initiative

Women are under-represented in leadership positions in the insurance industry. Consequently, San Diego-based Barney & Barney LLC has launched a women’s initiative — B&B G.R.O.W., which stands for Growth in Relationships and Opportunities for Women — to attract women to …

Bills Banning Handheld Phones While Driving Pass Louisiana Committee

Two bills that would ban the use of handheld cell phones while driving have breezed out of the Louisiana House of Representatives Transportation Committee. Both would allow drivers to talk using hands-free devices. One measure (House Bill 863), sponsored by …

United Heartland Names Two New Executives

Lisa Wills has been appointed the new vice president of Strategic Planning and Corporate Relations at workers’ compensation services and insurance provider United Heartland in New Berlin, Wis. In addition, Janine Tracy has been appointed United Heartland’s new director of …

Federal Judge Awards $164K in Damages in Chinese Drywall Case

A federal judge in Louisiana has ordered a manufacturer of faulty drywall from China to pay more than $164,000 to a Louisiana family as result of damage to their home from the wallboard. The ruling is the second time in …

Mississippi Could Be Hit with More Severe Weather This Weekend

Storm-weary Mississippi residents are facing another possible round of severe weather this weekend, only days after tornadoes plowed through the state and left a wide swath of destruction. National Weather Service meteorologist Daniel Lamb said that a “potent” storm system …

Gov. Crist Signs Florida Parental Waiver Bill

Businesses such as theme parks and go-cart tracks that offer potentially dangerous fun will regain liability protection for injuries to children that they lost due to a court ruling. Gov. Charlie Crist has signed into law a bill (SB 2440) …

Paralyzed Man Sues Virginia Ski Resort for $25M

A man paralyzed from the waist down in a snow-tubing accident in Virginia is suing the parent companies of Massanutten Resort for more than $25 million. John Carwile of Hampton was injured after his head hit the wall at the …

Master Agency Launched in New Jersey

Two New Jersey insurance agencies have joined forces to launch a master agency named Consolidated Insurance Agents. Pavese McCormick Insurance Agency, of Monmouth Junction, and Valvano Insurance Agency, of Linden, say the master agency will offer several several partnership affiliation …