Illinois is seeking public comment on the structure, governance and financing of an online insurance exchange. Individuals and small businesses would be able to shop for health coverage through the exchange. The nation’s new health overhaul law requires the exchanges …
Arthur J. Gallagher & Co. has acquired Behnke & Co. Inc., a retail insurance broker headquartered in Decatur, Ill. Terms of the transaction were not disclosed. Established in 1983, Behnke & Co. provides commercial property/casualty, employee benefits and risk management …
Pasadena, Calif.-based Western Asset Management, the fixed income affiliate of Legg Mason Inc., has appointed three senior professionals to both broaden the firm’s lines of business and deepen its professional staff. Louis DiFranco is head of insurance services, with responsibility …
A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A+’ (Superior) from ‘A’ (Excellent) and issuer credit ratings (ICR) to “aa-” from “a+” of the U.S. subsidiaries of Zurich Insurance Company Limited (ZIC), including the lead company of …
A.M. Best Europe – Rating Services Limited has upgraded the financial strength rating (FSR) to ‘A+’ (Superior) from ‘A’ (Excellent) and issuer credit rating (ICR) to “aa-” from “a+” of Zurich Insurance Company Limited (ZIC), the main operating company of …
As more and more experienced insurance agency and carrier employees discover their retirement income isn’t what they thought it would be, many are happy to find work they can do from home to supplement their incomes. That’s where Sharon Emek …
The Connecticut Chapter of the National Association of Insurance Women has named Cynthia Bruce, an underwriter at E&S broker S.H. Smith & Co., as its Connecticut professional underwriter of the year. Bruce specializes in underwriting workers’ compensation insurance for small …
A.M. Best Co. and Standard & Poor’s Ratings Services have both placed their credit and financial strength ratings on RenaissanceRe’s U.S. insurance companies under review with negative implications. The actions follow yesterday’s announcement that RenRe has entered into a definitive …
A Democrat and a Republican teamed up in the U.S. Senate Thursday to offer legislation that would give states the flexibility to implement their own healthcare approaches when the federal overhaul goes into full effect in 2014. The proposal by …
For most Americans, Thanksgiving Day invokes memories of safe and warm family gatherings featuring hot turkey dinners. But for some 2,000 families a year, and for firefighters across the country, the memories are not so happy. There are an estimated …
