As automakers are building more small cars, they are managing to make them safer than ever, new car safety tests show. Six of 13 small cars recently evaluated by the Insurance Institute for Highway Safety (IIHS) earned the group’s top …
Standard & Poor’s Ratings Services has lowered its rating on the Class 2009-1 notes issued by Residential Reinsurance 2009 Ltd. to ‘B+(sf)’ from ‘BB-(sf)’. S&P explained that the rating action “is related to the changes in AIR Worldwide Corp.’s model …
The Colorado Supreme Court has upheld an award of $18 million in exemplary damages to an Xcel Energy lineman who was injured when a Qwest Communications International Inc. telephone pole that he was working on collapsed. Andrew Blood was injured …
A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa” of Travelers Group and its property/casualty members, and affiliates, Travelers Casualty and Surety Company of America (TCSA) and TCSA’s affiliate, …
The people of Ireland cheered up a bit following the back to back visits of Great Britain’s Queen Elizabeth II, and the President of the United States, Barack Obama, or O’bama as the name appeared in Ireland. No, neither visitor …
Thomas H. Lee Partners, L.P. (THL), a private equity firm, and the French-owned Sword Group announced that they have signed a definitive agreement under which THL will acquire Sword Insurance, a leading global provider of software and services to the …
No significant disruptions of air traffic are expected in Europe in coming days as a result of volcanic activity, Eurocontrol said Thursday. The air traffic agency said activity from Iceland’s Grimsvotn volcano has declined sharply. “As a result, there are …
Lake Tahoe, NV, 5/27/11 – The Western States Surplus Lines Conference (WSSLC) will be held at the Hyatt Regency Lake Tahoe Resort, Incline Village, NV on July 24-27, 2011. Book now to participate in educational programs, social events, and networking. …
iQ Universal Truth #3 The Rules of The Insurance Game One way to look at the competitive arena of insurance sales is to view it as a game. Going in with this attitude lessens the impact of a loss, and …
Texas Mutual Insurance Co. plans to distribute $155 million in workers’ compensation dividends in 2011. Dividends reward loyal policyholders who share Texas Mutual’s commitment to preventing workplace accidents and helping injured workers get back on the job. Texas Mutual will …
