A.M. Best Co. has upgraded the issuer credit rating (ICR) to “a+” from “a” and affirmed the financial strength rating of ‘A’ (Excellent) of United Educators Insurance, a Vermont-based Reciprocal Risk Retention Group (UE), with stable outlooks. The ratings reflect …
Assurance Agency Ltd., based in Schaumburg, Ill., has added Robert Dufkis, to serve clients in the areas of both property and casualty, and employee benefits. Dufkis has 18 years of insurance industry experience, and has worked with Illinois municipalities, educational …
Straight-line winds of up to 110 mph damaged farm buildings and trees near Alliance, Neb., as storms tore through the northern Plains, the National Weather Service reported May 25. The weather service said the May 24 storms also produced tornadoes, …
Chicago-based Aviva North America, part of global insurance and annuities company Aviva plc, has appointed Dan Guilbert to the role of chief risk officer (CRO). Most recently, Guilbert served as chief actuary and risk officer for The Hartford Life Insurance …
LIU, the specialty lines division of Liberty Mutual Group, has filed its Private Advantage Company Combo policy for directors and officers as an admitted product in 47 states. LIU originally launched this product in 2008 to fill a coverage gap …
A.M. Best Co. has upgraded the financial strength rating to ‘A’ (Excellent) from ‘A-‘ (Excellent) and issuer credit rating to “a” from “a-” of Bermuda-based Hatherley Insurance Ltd., both with stable outlooks. The ratings reflect Hatherley’s “strong risk-adjusted capitalization, excellent …
Denver-based Intermap Technologies, a worldwide 3D digital mapping and geospatial solutions company, and the UK’s JBA Consulting, a European flood risk and environmental management firm, announced a strategic collaboration, designed to “provide detailed flood mapping services for clients across Continental …
Two trade groups for New York insurance agents are suing the state’s insurance regulator over new rules that will force them to reveal to clients how much they are paid for a particular transaction. The Independent Insurance Agents and Brokers …
State Farm Mutual Automobile Insurance Co.is the first insurer to submit an application to offer an program that rewards California drivers who voluntarily drive fewer miles with lower auto insurance rates. State Farm is the first insurer to submit a …
Oregon State University scientists are testing a model of what could be a tsunami-resistant City Hall for Cannon Beach on the Oregon coast. Engineers and seismic experts at the Wave Research Laboratory in Corvallis say they use scale models to …
