May 17, 2010
Woodland Hills, Calif.-based Zenith National Insurance Corp. announced it has commenced a consent solicitation relating to the 8.55 percent Capital Securities of Zenith National Insurance Capital Trust I, which holds as its sole assets the 8.55 percent Subordinated Deferrable Interest …
May 17, 2010
Heggeness, Sweet, Simington & Patrico, a San Diego-based workers’ compensation defense firm and Mentz, Finn & McDowell, a San Francisco-based workers’ comp defense firm, have announced an agreement to combine operations as of June 1, 2010. HSSP provides employers, insurers …
May 17, 2010
In recognition of May’s “Safe Jobs for Youth Month, the Washington Department of Labor and Industries (L&I) is reminding employers to provide safe workplaces for young workers, particularly as the summer hiring season nears. On average, 79 young workers are …
May 17, 2010
Bozeman, Mont.-based Taylor-Leavitt Insurance Agency has hired Scott Rogers as a licensed insurance agent and certified industrial hygienist. Before joining the agency, Rogers served as the risk manager for several years in the insurance industry. As a certified industrial hygienist, …
May 17, 2010
Specialty insurer Ironshore Inc. has entered the personal lines market to underwrite a high value homeowners program for properties valued in excess of $1 million. The program will be offered in partnership with Hull & Co., Inc., a wholesale insurance …
May 17, 2010
Standard & Poor’s Ratings Services said today that it affirmed its ‘BBB’ counterparty credit rating on Bermuda-based insurance and reinsurance holding company Alterra Capital Holdings Ltd., which was formerly known as Max Capital Group Ltd. S&P also said that it …
May 17, 2010
A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating (ICR) of “a-” of Bermuda-based International General Insurance Company Limited (IGI). Best also affirmed the ICR of “bbb-” of International General Insurance Holdings Limited …
May 17, 2010
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Zenith National Insurance Group and its members, Zenith Insurance Company and its wholly owned subsidiary, ZNAT Insurance Company. Best …
May 17, 2010
Arizona-based MiniCo Inc. has sold its insurance agency operations and publishing division, MiniCo Insurance Agency LLC, to Aran Insurance Services Group, an insurance services provider based in Rockville Centre, N.Y. MiniCo Insurance will continue to operate from its Phoenix headquarters …
May 17, 2010
The U.S. Army Corps of Engineers has raised its 100-year flood estimate for the Red River in Fargo and neighboring Moorhead, Minn. The change raises the previous estimate about a foot to 42.6 feet. The new estimate was based on …