Tropical Storm Isaac strengthened on Friday as it took aim at flood-prone Haiti, but it was not expected to become a hurricane until it barreled into the Gulf of Mexico early next week. On its current path, forecasters said the …
A.M. Best Europe – Rating Services Limited has revised the outlook to stable from negative and affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit rating of “a” of United Arab Emirates-based Oman Insurance Company P.S.C. The …
According to catastrophe modeling firm AIR Worldwide, Typhoon Tembin, the 14th of the 2012 Pacific season, is “heading slowly for southern Taiwan, and is expected to make landfall in the early morning of Friday, August 24. Its path could, however, …
UK-based Howden Insurance Brokers announced the second phase in the development of its Energy division with the appointments of Greg Stenzhorn and Richard Bateman. Stenzhorn will join Howden from Aon Benfield on the 15th of September, and will focus primarily …
A.M. Best Europe – Rating Services Limited has assigned a financial strength rating of ‘B+’ (Good) and issuer credit rating of “bbb-” to United Arab Emirates-based Al-Sagr National Insurance Co.; both with stable outlooks. The ratings reflect Al Sagr’s “strong …
Philippine police say they have rounded up 357 foreigners accused of duping Taiwanese and Chinese citizens in an online scam. National police investigation chief Samuel Pagdilao said the mostly Chinese and Taiwanese suspects were arrested Thursday in simultaneous raids on …
In its bulletin issued at 5:00 a.m. EDT the national Hurricane Center in Miami described tropical storm Isaac as “poorly organized.” As a result its most serious threat is not from the wind speed, around 45 mph, 75 km/h, but …
Florida’s new no-fault auto insurance law could result in savings of 14 percent up to as much as 24.6 percent for drivers’ on their personal injury protection premiums, although it remains to be seen whether those savings will reduce their …
ISO says it has received approval of its Risk Analyzer Homeowners by-peril rating rules in 13 states and has filings pending approval in several other states. ISO would not disclose which states have cleared its filings. However, as of Aug. …
Chicago-based Rubloff Insurance Agency, a division of Prudential Rubloff Properties, has added Sara Neidlinger as an account executive. Neidlinger began her insurance career in 1997 with a State Farm office while attending college in Palm Beach, Fla. She also worked …
