August 22, 2012
There will be no school all week for students at an East Tennessee elementary school after a deep sinkhole opened near the building. According to the Johnson City Press, the Unicoi County school system is developing both short-term and long-term …
August 22, 2012
Apple Inc.’s worldwide legal crusade against the Android mobile operating system drew toward a climax on Tuesday as the iPhone maker’s attorneys accused Samsung of taking a shortcut by copying Apple’s designs after realizing it could not keep up. Closing …
August 22, 2012
A.M. Best Europe – Rating Services Limited has removed from under review with negative implications and affirmed the issuer credit rating (ICR) of “bbb” of Bermuda-based Omega Insurance Holdings Limited, an intermediate parent company of Omega Underwriting Agents Limited, the …
August 22, 2012
For the past week the National Hurricane Center in Miami has been monitoring a low pressure system that formed off the Cape Verde Islands. Late yesterday it coalesced into a tropical storm, which has been given the name Isaac. As …
August 22, 2012
Asia’s crude imports from Iran are set to recover in September to levels reached before a July 1 insurance ban by the European Union plunged trade with the Islamic Republic into uncertainty not seen in decades. Top Asian buyers — …
August 22, 2012
A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A+’ (Superior) from ‘A’ (Excellent) and the issuer credit rating (ICR) to “aa-” from “a+” of Japan’s NIPPONKOA Insurance Company Ltd. Best also affirmed the FSR of ‘A’ (Excellent) …
August 22, 2012
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit rating (ICR) of “aa-” of Sompo Japan Insurance Inc. as well as the FSR of ‘A ‘(Excellent) and ICR of “a” of its subsidiary, …
August 22, 2012
The soft market has made the job of insurance agents very difficult the last few years. Competition has been extremely fierce, and premiums so low that agents have had to fight for business and write more accounts just to maintain …
August 22, 2012
San Diego, CA, 8/22/12 – The San Diego Business Journal announced the rankings last week for the San Diego Business Journal’s Best Places to Work in San Diego in 2012 Awards. Atlas General Insurance Services was named a finalist in …
August 21, 2012
A report issued on Tuesday by the California Workers’ Compensation Institute shows workers’ comp insurers’ loss and expense payments rose to nearly $12.5 billion in 2011, an increase of over $1 billion. The report, compiled from statistics from the Workers’ …