Latest Assurance Headlines
All the headlines from our Assurance Topic Page, ordered by recency.
Chubb, Assurance, American Financial Tops in P/C Insurer Performance: Fitch Rating
Oct 14 2016 // Niche property/casualty insurer Assurant Inc., diversified multi-line writer The Chubb Corp. and specialty commercial lines insurer American Financial Group Inc. are ranked the top three performers over the most recent...
A.M. Best Downgrades Ratings of Florida-Based American Capital Assurance
Aug 30 2016 // A.M. Best has downgraded the financial strength rating to A- (Excellent) from A (Excellent) and the issuer credit rating to “a-” from “a+” for American Capital Assurance Corp (ACAC) of St....
Way Promoted to Senior VP and Practice Leader at Assurance
Jul 13 2016 // Schaumburg, Ill.-based insurance brokerage, Assurance, Anthony Way to senior vice president, practice leader. Way has been a leader and mentor in the firm’s property/casualty division for six years. Way will oversee...
McMahon Brings Life Sciences Industry Expertise to Assurance
Feb 23 2016 // Schaumburg, Ill.-based insurance brokerage Assurance, has added Scott McMahon to serve as vice president in the firm’s healthcare and life sciences practice. McMahon has focused his entire insurance and risk...
Roebuck Joins Amerisure Mutual to Direct Quality Assurance
Jan 13 2016 // Amerisure Mutual Insurance Co., based in Farmington Hills, Mich., announced Justin Roebuck has joined the company as director of Business Analysis & Quality Assurance. In this role, Roebuck directs and advises the...
Mass. AG Announces $209K Settlement With American Fidelity Assurance
Dec 4 2015 // American Fidelity Assurance Company (AFA), a life and health insurance company based in Oklahoma City, has agreed to pay $209,000 to settle allegations that it failed to cover mandated benefits required by state law and...
Improved Safety Goal of Minnesota Truck Dealer with Truck-Swap
Oct 16 2015 // Ask truck drivers about the most important aspect of their job and chances are you will get the same answer: safety. Last year, about 78,000 total crashes were reported to the Minnesota Department of Public Safety. Of...
Saudi’s United Cooperative Assurance Gets Claim from Mecca Crane Collapse
Sep 21 2015 // Saudi Arabia’s United Cooperative Assurance said on Sunday it had received a claim from Saudi Binladin Group over the collapse of one of the construction firm’s cranes this month at the Grand Mosque in Mecca...
Andrew Agency Acquires Assurance Associates, Bradshaw Agency in Va.
Jan 5 2015 // The Andrew Agency, an independent insurance agency in Richmond, Virginia, announced it has acquired Assurance Associates and The Bradshaw Agency, two retail agencies also based in Richmond. Terms of the transactions were...
2014 State Specialist P/C Insurers Revealed
Dec 1 2014 // The Demotech Company Classification System categorizes insurers into one of 11 categories based on an analysis of data reported by the companies to the National Association of Insurance Commissioners (NAIC). The 11...
Allied World Assurance Acquires Latin American Holdings
Nov 11 2014 // Allied World Assurance Company Holdings AG announced that its U.S. holding subsidiary has reached a definitive agreement to acquire Latin American Holdings Ltd., a program administrator that has underwritten trade credit...
Allied World Assurance to Take Stake in Blue Vista
Oct 8 2014 // Allied World Assurance Co. agreed to take a stake in private-equity firm Blue Vista Capital Management LLC in a push into real estate investing. The insurer will also invest $225 million of its portfolio with Blue Vista,...
Ratings: Toyota Motor, Interstate Bankers, Medical Assurance Co. of Mississippi
Jun 4 2014 // A.M. Best has affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit rating of “a” of Iowa-based Toyota Motor Insurance Company (TMIC), both with stable outlooks. Best said...
People – Midwest
Feb 10 2014 // The IMA Financial Group Inc., headquartered in Wichita, Kan., announced that Kyle Orndorff has returned to the company as senior vice president of human resources. Based in IMA’s Wichita office, Orndorff will oversee...
Assurance Names Davidson, Jungers Employees of the Year
Jan 16 2014 // Assurance, an independent insurance brokerage with offices in the Chicago, Ill., and St. Louis, Mo.-areas, announced that Robert Davidson and Jennifer Jungers are its Employees of the Year for 2013. Aussurance has been...
Ratings Recap: Pro Assurance, AES Global, Alfa Group, ARI Mutual, Springfield
Dec 23 2013 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and the issuer credit ratings (ICR) of “aa-” of ProAssurance Casualty Company, ProAssurance Indemnity Company, Inc....
2013 State Specialist P/C Insurers Revealed
Nov 18 2013 // State Specialists are often an independent agent’s most reliable and consistent market. These companies are focused on a specific geographic area, understand it and consistently strive to serve it. The Demotech...
S&P Applies Revised Insurance Criteria to 22 Reinsurers and Subs
May 24 2013 // Standard & Poor’s Ratings Services announced that it has reviewed its ratings on 22 large global reinsurance groups by applying its new ratings criteria for insurers, which were published on May 7, 2013. (See...
DeVos Promoted to Vice President at Assurance
Mar 1 2013 // Melanie DeVos has been promoted to vice president, Client Services – Property and Casualty at Assurance, an independent insurance brokerage located in Schaumburg, Ill., and St. Louis, Mo. This newly created role is...
People – Southeast
Feb 25 2013 // Insurance brokerage and risk management firm Integro announced that Thomas Zacharopoulos, managing principal and the firm’s market relations leader, will assume the role of Chicago operations leader. The move to...
