A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘B++’ (Good) and the issuer credit rating (ICR) of “bbb+” of Japan’s Fuji Fire & Marine Insurance Company, Limited, and has revised its outlook on the ratings from negative …
The Export Import Bank of the United States announced that over the last two months it has “has approved five medium-term insurance policies through PNC Bank for buyers in Chile, all of which focus on infrastructure development.” The bank’s bulletin …
Lloyd’s has confirmed that a team has been sent to Chile to “help the market better understand the impact of February’s earthquake and assist in ensuring the speedy payment of valid claims.” The delegation, made up of representatives from the …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings of “aa-” of the Bermuda-based PartnerRe Group and its members. Best also affirmed the ICR of “a-” and debt ratings of PartnerRe’s parent, …
Worldwide Facilities Inc. in Phoenix has named Eric Sawyer a vice president and broker for the healthcare practice group. Sawyer brings more than 10 years of medical malpractice experience to the group. He will be working remotely from Worldwide Facilities’ …
The Mt. Diablo Chapter of the Chartered Property Casualty Underwriters has elected officers for the 2010-2011 year. The officers are: President Susan Bohan of Dealey, Renton & Associates; Vice President Jim Moen of Golden Eagle Insurance; Treasurer Harry Lindstrom; Secretary …
California Insurance Commissioner Steve Poizner has filed a cease and desist order against two California men and several corporations for allegedly operating unlicensed insurance companies and using deceptive and illegal telemarketing. Robert Lewis Chapman, James C. Sletner and several corporations …
Avoca Insurance Holdings has established Manchester Specialty Programs Inc. (MSP) as a national programs platform. William D. Thompson has been named president and CEO of the organization. Thompson is directly responsible for the development and management of all program business. …
Willis North America, a unit of Willis Group Holdings, the global insurance broker, announced today that it has formed a Distressed Assets Practice to advise clients on managing the risks associated with financially distressed, foreclosed or abandoned properties and to …
Neace Lukens, a national full-service private insurance broker, has expanded its insurance product lines to include a new specialty insurance service for companies in the life sciences industry. This new division will provide comprehensive insurance services for companies that manufacture, …
