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Provider Names Wetherbee as Marketing Manager

Massachusetts-based insurance agency Provider Insurance Group has hired Julie Wetherbee as marketing manager specializing in social media, events and field sales support. Wetherbee is a weekend co-host/reporter for New England Sports Network’s Dirty Water TV and was also the former …

Monarch E&S Wins Marketing Award

The American Association of Managing General Agents (AAMGA) has awarded Monarch E&S Insurance Services with the 2010 Advertising, Marketing and Community Service Awards. Monarch E&S Insurance Services was awarded ‘first place’ in the Print Advertising category. Monarch E&S Insurance Services …

SeaBright Launches New Managed Care Claims Program

SeaBright Holdings, Inc.’s subsidiary, SeaBright Insurance Co., has launched a new managed care new program called “BrightCurePDQ”, which stands for Physician-Directed Quality. Starting in June, upon notice of loss, SeaBright will employ a more medically-oriented claim model using doctors to …

NHC Sees 60% Chance Caribbean System Could become Tropical Cyclone

The National Hurricane Center in Miami continues to track a low pressure system, which developed earlier this week [See IJ web site – https://www.insurancejournal.com/news/international/2010/06/14/110696.htm ]. The NHC’s latest bulletin places the system as “centered about 150 miles east-northeast of Cabo …

Asterisk Financial Launches Personal Guarantee Insurance

Asterisk Financial Inc. has introduced Personal Guarantee Insurance, a new insurance product that protects small-to-medium-size (SMB) business owners, or anyone who guarantees a SMB loan, against major loan-related losses. Loan guarantors – including business owners, commercial real estate investors and …

Aon Benfield, Cologne University to Study European Windstorms

Aon Benfield announced that it has signed an exclusive partnership with the University of Cologne – “a leading research centre with a long record of wind storms diagnostics, extreme weather modeling and impact assessment – to advance research into European …

Oklahoma to Place Pegasus Insurance into Rehabilitation

A district court judge has authorized Oklahoma Insurance Commissioner Kim Holland to place Pegasus Insurance Company into rehabilitation. Pegasus specializes in workers’ compensation for professional employer organizations (PEOs), or employee leasing entities, according to information posted on the company’s Web …

S&P Revises Outlook on Allied World to Positive; Affirms Current Ratings

Standard & Poor’s Ratings Services has revised its outlook on Allied World Assurance Co. Holdings Ltd. (AWH) and its operating subsidiaries to positive from stable. S&P also affirmed all of its ratings on AWH, including the ‘BBB’ counterparty credit rating, …

Ratings Roundup: Argo Re, Delvag, Guardian Life/General

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Bermuda-based Argo Re Ltd. and its subsidiaries. Best also affirmed the ICR of “bbb” and debt ratings of the …

Lawmakers Agree on Historic Financial Industry Reforms

U.S. lawmakers hammered out a historic overhaul of financial regulations as dawn broke over the nation’s capital Friday, handing President Barack Obama a major domestic victory on the eve of a global summit devoted to financial reform. In a marathon …

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