November 16, 2010
A.M. Best Co. has assigned a financial strength rating of “A” (Excellent) and issuer credit rating of “a” to Veterinary Pet Insurance Co. of Brea, Calif. The outlook assigned to both ratings is stable. VPI is a wholly owned subsidiary …
November 16, 2010
Monitor Liability Managers, LLC (Monitor) has introduced a new lawyers professional liability (LPL) insurance program in New Jersey. The LPL program provides liability protection for law firms [headquartered in New Jersey] with one or more attorneys and will be administered …
November 16, 2010
Golden Eagle Insurance, a Liberty Mutual Agency Corp. regional company, has appointed Spencer J. Donkin president and CEO. Donkin joins Golden Eagle Insurance from Liberty Mutual Agency Corpo.’s Regional Companies Group, where he was senior vice president of Agency Management. …
November 16, 2010
Ace USA, the U.S.-based retail operating division of the ACE Group, announced a new structure and senior leadership appointments. The structure consists of two zonal operations and a centralized complex risk unit for global property programs. Kelley Kinsella and Brian …
November 16, 2010
A Connecticut driver who’s serving a manslaughter sentence for striking and killing a 14-year-old boy is suing the victim’s parents, blaming them for their son’s death because they allowed him to ride his bike in the street without a helmet. …
November 16, 2010
Negotiators from nearly 40 countries have finalized the text of an international agreement to help fight the growing trade in fake and pirated goods, the European Commission and the United States said on Monday. The negotiators settled a handful of …
November 16, 2010
Rhode Island is the latest New England state to launch an online system that lets businesses and consumers verify whether an organization has workers’ compensation insurance coverage. The verification site is a partnership with the National Council on Compensation Insurance …
November 16, 2010
Complaints about Internet crimes have reached a milestone. On Nov. 9, the Internet Crime Complaint Center (IC3) logged its 2 millionth consumer complaint alleging online criminal activity. The IC3, a partnership between the FBI and the National White Collar Crime …
November 16, 2010
U.S. employers offering health insurance to workers will not lose protected status under the new healthcare law if they decide to switch healthcare plan providers, U.S. administration officials said Monday. At issue is President Barack Obama’s pledge that people can …
November 16, 2010
Property/casualty insurers will have some extra time to comply with new Medicare and Medicaid liability claims reporting requirements. The Department of Health and Human Services Centers for Medicare and Medicaid Services (CMS) announced that it will delay the implementation of …