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Best Affirms, Withdraws Novae Group and Subsidiaries Ratings

A.M. Best Co. has affirmed the financial strength rating of ‘B++’ (Good) and issuer credit rating (ICR) of “bbb+” of Novae Insurance Company Limited (NICL), the ICR of “bbb” of Novae Group plc (Novae) (the ultimate holding company of the …

Zurich Names Two Regional Managers for Commercial Environmental Business

Zurich named two new regional managers for its North American Environmental team: Richard Calvert has been named manager for the South Central region, and Warren Puffer is the new manager for the Northwest region. Calvert, who prior to joining Zurich …

Protective, MAPFRE Sign Agreement for Non-U.S. Vehicle Service

The Asset Protection Division of Protective Life Insurance Company, a wholly-owned subsidiary of Protective Life Corporation, has signed an agreement with MAPFRE ASISTENCIA, a subsidiary of MAPFRE, S.A. for vehicle assistance products outside the U.S. and Canada The bulletin said …

Dalton Joins Swett & Crawford’s Transportation Practice Group in Dallas

Jason Dalton has joined Swett & Crawford in its Dallas office as part of the Transportation Practice Group. He holds the title of vice president, Transportation. Prior to joining Swett & Crawford, Jason spent 13 years at another major wholesaler …

Zurich Surety, Credit in Alliance with Korea Export Insurance Corp.

Zurich announced that its North America Surety, Credit & Political Risk group has completed a Memorandum of Understanding (MOU) with the Korea Export Insurance Corporation (KEIC), an export insurance agency supported by the Ministry of Commerce, Industry and Energy of …

Illinois Workers’ Comp Commissioner and Chief Legal Counsel to Retire

Illinois Workers’ Compensation Commissioner Paul Rink and Chief Legal Counsel Kathryn Kelley are retiring, effective Feb. 26, the state’s Workers’ Compensation Commission reported. Commissioner Rink joined the Commission in 1991. As a person who is blind, Rink rose to be …

New Florida Legislative Session Faces Familiar Insurance Problems

Randi Schuknecht worried that her longtime, established insurance company was about to leave Florida — and leave her without a homeowner’s policy. So she found a new insurer — one she wouldn’t have to worry about if a big storm …

Ohio AG: Ruling Clears Way for State to Take AIG to Trial

Ohio Attorney General Richard Cordray announced he is encouraged by a recent federal court ruling granting class certification in the securities litigation against American International Group Inc. (AIG). The ruling in the U.S. District Court for the Southern District of …

Tennessee Bill on Seniors’ Insurance Discount Heads to Governor

Legislation that would give senior drivers in Tennessee a discount on their insurance for taking an online driving course is headed to Gov. Phil Bredesen for his consideration. The measure sponsored by Republican Rep. Phillip Johnson of Pegram and supported …

Houston’s Berkley Oil & Gas Adds 3 in Executive Positions

Houston-based energy insurance products and services provider Berkley Oil & Gas Specialty Services LLC has announced three executive appointments. Nancy R. Zoril was added as vice president and underwriting officer; Debra Moreno joined the company as senior energy account executive/umbrella …

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