Monthly Archives: <span>November 2010</span>

Good Friend Insurance Services Joins ISU Network

ISU International has announced that ISU Good Friend Insurance Services has joined the ISU Network. ISU Good Friend Insurance Services was founded by a group of veteran insurance agents and financial professionals to serve the Asian American community in Southern …

First Professionals Files Rate Cut for Illinois Physicians, Surgeons

First Professionals Insurance Co., Inc. (First Professionals) recently submitted a proposed medical professional liability rate and rule filing for physicians and surgeons in Illinois. First Professionals has announced that current insureds will not see a base rate increase for their …

Capson Expands Online Medical Malpractice Program Into More States

Capson Physicians Insurance Co. (Capson), a new online medical malpractice insurance provider, has expanded its services to Texas, Kentucky and Idaho healthcare providers. Expansion into several additional states will be announced in the coming weeks. Capson has streamlined the process …

Thom Smith Joins Sullivan Brokers as President

Los Angeles, CA – 9 November 2010 – Thomas E. Smith has joined Sullivan Brokers Wholesale Insurance Services as President effective November 8, 2010. Most recently, Smith was Great American Insurance Company Division President of Great American Custom Insurance Services. …

Zurich Partners with AmWins to Expand Accident, Health Products

Zurich in North America has formed a new relationship with wholesale broker AmWINS Group Benefits (AmWINS). This is the second relationship Zurich has formalized to further its growth plan in the program accident and health (A&H) space. AmWins Group Benefits …

Florida Attracts 3 More Reinsurers Under Lower Collateral Rule

Florida insurance officials have agreed that three Bermuda-based reinsurers can participate in Florida’s insurance marketplace without having to post millions of dollars in extra collateral. The Office of Insurance Regulation’s (OIR) agreements are with Ace Tempest Reinsurance Ltd., Hiscox Insurance …

Oregon State to Assist Crop Insurance Program

An innovative climate and weather monitoring system developed at Oregon State University in Corvallis will soon be used to help underwrite and verify claims of crop losses, both to improve services to farmers across the nation and prevent abuse in …

Flood Buyouts May Alter North Dakota Neighborhoods

Kolbjorn and Solvi Rommesmo moved to the Heritage Hills subdivision along the Red River south of Fargo, N.D., because it was peaceful and close to nature. Recently, it became even more peaceful, as their neighbors left, one by one, until …

Minnesota Leads on Tornado Touchdowns

Minnesota can claim this touchdown record. It leads all others in the number of tornadoes that have swept through the state this year. The National Weather Service says 104 tornadoes touched down in Minnesota in 2010, shattering the old record …

Ratings: First Capital, First Net, Trinidad & Tobago Ins., Harmony General

A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of Singapore’s First Capital Insurance Limited, both with stable outlooks. The ratings reflect First Capital’s “adequate risk-adjusted capitalization and its ability to …