For some Ohioans, the memory of Hurricane Ike is only surpassed by the damage it caused last Sept. 14 as it made its way across the Buckeye State packing winds at speeds equal to a Category 1 hurricane (up to …
Despite ongoing issues and a multitude of adversarial stakeholders, the state of the workers’ compensation system in Texas is “pretty good,” according to the head of the state division with regulatory oversight of the system. “I don’t know any line …
Healthy Texas, a statewide public/private partnership established by the 81st Legislature, provides a new health insurance option for small employers in Texas, the Texas Department of Insurance announced. Eligible employers that purchase coverage for employees and their dependents through an …
Lloyd’s has recreated its underwriting room in Dublin in the first event of its kind seen in Ireland. The unusual event “allowed representatives from the Irish and Lloyd’s markets to discuss their existing insurance arrangements and explore opportunities for the …
A report from Marsh’s London office notes that “investors in Asia are returning to the merger and acquisition table with a renewed interest in risk mitigation tools such as Warranty & Indemnity Insurance (W&I Insurance). “The latest edition of the …
The ACE Group announced that it has “received approval from Malaysia’s financial regulator, the Minister of Finance, through Bank Negara Malaysia, to acquire Jerneh Insurance Berhad, a general insurance company that is majority owned by Jerneh Asia Berhad, an investment …
Protective Life Corporation, of Birmingham, Ala., today announced that its principal subsidiary, Protective Life Insurance Company, has signed an agreement to acquire United Investors Life Insurance Company from Liberty National Life Insurance Company for a purchase price of approximately $316 …
A.M. Best Co. has downgraded the issuer credit rating of Southern General Underwriters Insurance Company (SGU) Marietta, Georgia, to “bbb” from “bbb+” and affirmed the financial strength rating of B++ (Good). Concurrently, A.M. Best Co. has affirmed the financial strength …
AssuranceAmerica Corporation announced today that Sheree Williams has joined AssuranceAmerica Corporation as its Senior Vice President and Chief Financial Officer effective September 13, 2010. Ms. Williams was most recently VP of Finance at 21st Century Insurance and Financial Services (previously …
Insurer Markel has acquired the rights to American Live Stock, the animal mortality business of Hiscox Insurance Co.. Terms of the deal were not disclosed, but the companies said it would close the transaction by October 1. The transaction, which …
