A.M. Best announced that it has made some revisions to the criteria it uses in constructing its ratings reports, which will “provide clarification on several issues related to the rating of an insurance company’s debt, including A.M. Best’s approach to …
Bermuda-based AXIS Capital Holdings Limited announced that Joe England has been appointed Chief Underwriting Officer, International Division at AXIS Insurance, a new position. He will report directly to Mark Gregory, CEO of the International Division, AXIS Insurance. England will retain …
CME Group Inc.’s European clearinghouse and SIX Group’s central-securities depository have agreed to offer an integrated collateral-management service to insurance companies operating in Switzerland. Once the system gains regulatory approval, financial institutions will be able to put the collateral needed …
Rancho Cucamonga, Calif. (May 12, 2014) – At its recent convention, the BIG Independent Group (www.biginsusa.com) awarded its coveted “Biggie” awards to some well-deserving insurance industry leaders. The group, an association of independent insurance producers and carriers based in Southern …
Amerisure, based in Farmington Hills, Mich., named Gregory J. Crabb to succeed Richard F. Russell as president and CEO of Amerisure Mutual Insurance Co. effective immediately. Amerisure Mutual Insurance Co. represents the insurance operations of Amerisure Mutual Holdings Inc. Russell …
Ohio continues to lead the nation in metal thefts, with 1,446 insurance claims made last year, according to a new report. A National Insurance Crime Bureau report said the state reported more than 4,000 claims from 2011 through 2013 from …
A North Texas city that sits on top of the Barnett Shale, believed to hold one of the largest natural gas reserves in the U.S., could become the first area in the state to permanently ban hydraulic fracturing. A recently …
Surveying the remnants of nature’s destructive power in the country’s midsection, President Barack Obama on May 7 pledged to residents of tornado-ravaged Arkansas communities that their government will stand with them until they finish rebuilding. Obama said he wanted to …
Officials in New Jersey towns hit hard by Superstorm Sandy are grappling with many of the same questions as their residents when it comes to municipal buildings damaged in the storm. Can the town halls be fixed, or do they …
The 10-mile stretch of levee protecting West Monroe has been accredited by the Federal Emergency Management Agency. “It’s great news for West Monroe and for the district,” said Tensas Basin Levee District executive director John Stringer. “It’s a good first …
