June 7, 2010
The widow of a construction worker killed when a pedestrian bridge collapsed at the Atlanta Botanical Garden in 2008 has filed a lawsuit against the attraction and several construction companies. The Atlanta Journal-Constitution reports that Eucebia Lopez Carbajal, the widow …
June 7, 2010
Assurex Global, which is based in Columbus, Ohio, has added three new brokers to its international partnership ranks: Griffiths & Armour and Miller Insurance Services, Ltd., both from the UK, and Associated Insurance Consultants (AIC) of the United Arab Emirates. …
June 7, 2010
Put down the cell phone and step away from the car. Georgia drivers soon will be banned from texting, checking e-mail or using the Internet behind the wheel and teens will be prohibited from using their cell phones at all …
June 7, 2010
Standard & Poor’s Ratings Services announced that its on American International Group Inc. , currently ‘A-‘ – Negative – debt ‘/A-1,’ and its insurance subsidiaries (most of which are rated A+/Negative/–) are not affected by the company’s announcement that it …
June 7, 2010
Insurance brokerage Hub International Ltd. has acquired the assets of Pennsylvania-based employee benefits firm Irus Corp. Terms of the deal were not disclosed. In connection with the deal, some Irus employees will become part of the Hub’s Northeast Ltd. team …
June 7, 2010
A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of the P/C group, Horace Mann Insurance Group, its members and the life/health insurance company, Horace Mann Life Insurance Company. …
June 7, 2010
The Texas Supreme Court has found in favor of an excess insurance provider in a case involving the contractual liability exclusion in a Commercial General Liability (CGL) policy. In 1993, Dallas Area Rapid Transit Authority (DART) contracted with Gilbert Texas …
June 7, 2010
A.M. Best Co. has assigned a financial strength rating of ‘A-‘ (Excellent) and an issuer credit rating of “a-” to Barbados-based Wentworth Insurance Company Limited, an indirect, wholly owned subsidiary of Fairfax Financial Holdings Limited, and has assigned a stable …
June 7, 2010
The Iowa Insurance Division (IID) has issued summary cease and desist orders against two contractors, directing them to stop acting as public adjusters. The division alleges the firms have been soliciting storm repair business without being properly licensed, in violation …
June 7, 2010
A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit ratings of “a-” of Builders Insurance Group and its three pooled members: Builders Insurance (A Mutual Captive …