Monthly Archives: <span>October 2012</span>

Judge Shuts Down Christian Health Ministry Medi-Share in Kentucky

A Christians-only health care ministry must cease operations in Kentucky unless it can get regulatory approval from the state Department of Insurance, a judge ruled this week. The ruling by Franklin County Circuit Judge Thomas Wingate means Medi-Share, a Florida-based …

Aon Report Finds Loss of Company Reputation Linked to Crisis Events

According to the Aon-sponsored Reputation Review 2012, a report recently issued by Oxford Metrica, an independent analytics and advisory firm, 7 out of 10 companies “measured in the report that were impacted by disasters in 2011.” They lost “more than …

Insurance Institute Names 4 Car Models Top Safety Picks

The Dodge Dart, the model Chrysler is betting on becoming a top-selling small car, was among four new vehicles on the U.S. market to receive a top crash-test rating by an influential safety group on Wednesday. The 2013 Dart, the …

Ratings Recap: Nacional Re, Barents Re, PMG, MS Frontier Re

A.M. Best Europe – Rating Services Limited has assigned a financial strength rating of ‘A-‘ (Excellent) and an issuer credit rating of “a-” to Spain’s Nacional de Reaseguros, S.A., both with stable outlooks. Nacional’s ratings reflect its “strong risk-adjusted capitalization, …

ABI Calls for New Restrictions on Younger Drivers

The Association of British Insurers is urging a review of the regulations for younger (17 to 24 year-old) drivers, including some new strictures that would require “a minimum one year learning period, restrictions on night time driving and lowering the …

NHC Tracking TS Oscar; TS Nadine

The National Hurricane Center in Miami has issued an advisory bulletin for tropical storm Oscar, which is centered about 1245 miles, 2005 km, west-northwest of the Cape Verde Islands. Maximum sustained winds are around 40 mph, 65 km/h, with higher …

SullivanCurtisMonroe Adds Crouch as Vice President In Southern California

Irvine, Calif.-based SullivanCurtisMonroe Insurance Services LLC named Canaan Crouch as a vice president in its Irvine office. Crouch comes from ACE Environmental, where he was an assistant vice president and northwestern regional manager responsible for managing the profit and loss …

For Elderly Drivers, Families Can Help Decide When to Give Up the Keys

Ruth Lape of Somerset, Pennsylvania, decided to stop driving in 1999, but it wasn’t because of any limitations that she felt she had. “It was when we moved to Somerset (from Ohio),” she said. “I prefer not to drive because …

Rhode Island Aims to Improve Highway Safety, Reduce Deaths

Rhode Island’s governor has signed a plan designed to reduce fatalities and serious injuries on the state’s roadways. Gov. Lincoln Chafee on Monday signed the Strategic Highway Safety Plan, which focuses on driver behaviors like speeding and impaired driving as …

Alteris, Allied World to Offer New WaterPlus Program

Alteris Inc., a wholly-owned subsidiary of Argo Group International Holdings, Ltd. has launched of an expanded WaterPlus Program in partnership with Allied World Assurance Co. Holdings, AG. WaterPlus, which will be underwritten by Allied World U.S. insurance subsidiaries, is tailored …