A.M. Best has revised the outlooks to stable from negative and affirmed, the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” of Employers Insurance Group Employers Insurance Company of Nevada, Employers Compensation Insurance Co., …
Arthur J. Gallagher & Co. has acquired The Presidio Group Inc. in Salt Lake City, Utah. Terms of the deal were not disclosed. The Presido management and associates will continue to operate from their current location under the direction of …
American International Group’s anticipated reserve charge has attracted the attention of Standard & Poor’s, which has downgraded certain ratings in light of the disclosure. S&P said it lowered AIG’s long-term counterparty credit and senior unsecured debt ratings to ‘BBB+’ from …
Bailey Family Insurance in Springfield, Ill., recently joined Valley Insurance Agency Alliance (VIAA), a network of 100 independent insurance agencies in Missouri and Illinois. Owned by Mark and Christine Bailey, Bailey Family Insurance is a full service insurance agency specializing …
When tens of thousands of fans stream into NRG Stadium in Houston for the Super Bowl this Sunday, they will understandably be thinking more about the big game than the behind-the-scenes preparations that have gone into ensuring their safety — …
The LSU AgCenter says late planting and August floods hurt Louisiana’s sweet potato harvest, cutting the yield from 450 bushels an acre in 2015 to 290 bushels per acre last year. Extension Associate Myrl Systrunk told the Louisiana Sweet Potato …
Motorists venturing out onto snowy highways can now get a close-up look at the conditions they might encounter thanks to “plow cams” that the Minnesota Department of Transportation has mounted on some of its snowplows. The video cameras are mounted …
Grand Rapids, Mich.-based Acrisure LLC has named D. Michael Sherman as strategic advisor, reporting to Greg Williams, CEO and president of the rapidly growing insurance broker. Sherman brings more than 40 years of experience in the insurance industry to his …
H.W. Kaufman Financial Group and Burns & Wilcox Canada announced they have acquired the high-value homeowner’s insurance practice from Quebec-based XN Financial Services Inc. (XN). A managing general agent and provider of insurance products, XN is a subsidiary of The …
California’s largest utility must pay a $3 million fine and run thousands of TV commercials publicizing its pipeline safety violations as punishment for its criminal convictions in a deadly natural gas explosion in the San Francisco Bay Area. U.S. District …
