San Francisco-based Charity First Insurance Services Inc. has appointed Riley Binford executive vice president. He will be responsible for managing Charity First’s existing programs as well as the development of new programs for the nonprofit and social service sector. Binford …
Despite the massive flooding resulting from levee breaches and storm surge during Hurricane Katrina in 2005, the economic benefits provided by flood control measures in Southeast Louisiana far outweigh the costs of widespread damage from flooding, according to one researcher. …
San Diego-based insurance brokerage Barney & Barney LLC announced that Catherine Botello, Marc Pannier and Steve Shea have been made principals of the firm. All three have been key players in the expansion of their respective departments. “In their new …
The Utah House has defeated a bill that would ban insurance companies from excluding coverage for certain prisoners. Lawmakers voted 44-30 against House Bill 22. The measure would have applied to inmates already eligible for coverage in correctional facilities, county …
The Bermuda-based Catlin Group Limited announced the appointment of Martin Zingg as chief investment officer of the Catlin Group, effective March 1. He will be based in Catlin’s office in Zurich, Switzerland. Zingg will assume responsibility for investment strategy and …
The Illinois Supreme Court Thursday declared unconstitutional a 2005 state law that capped damage awards for a plaintiff’s pain and suffering at $500,000 against doctors and $1 million against hospitals. It was the second time in 13 years that the …
San Diego-based Barney & Barney LLC, one of the U.S.40 largest insurance brokerages, has announced the creation of a new international position it has established in Stuttgart, Germany. Client Executive Bevin Melody will be based there. She will take charge …
A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating of B (Fair) and issuer credit rating (ICR) of “bb+” of MGA Insurance Company Inc. (MGA) of Dallas, Texas. Concurrently, Best revised the …
A.M. Best Co. has assigned a financial strength rating of ‘A’ (Excellent) and an issuer credit rating (ICR) of “a” to Hong Kong–based Starr International Insurance (Asia) Limited – both with stable outlooks. Best said the ratings reflect Starr International …
Oklahoma Insurance Commissioner Kim Holland says she is seeking re-election this fall. Holland was appointed to the post by Gov. Brad Henry in January 2005 and in 2006 became the first woman elected to serve as insurance commissioner. During her …
