January 26, 2010
Tapco Underwriters Inc. (TAPCO), a Burlington, N.C.-based MGA specializing in high-volume, transaction-based excess and surplus insurance lines, is opening an underwriting service center in Dallas, Texas. Tapco veteran Ellen McBride will manage the Dallas office. McBride has more than 25 …
January 25, 2010
A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of the main UK operating subsidiaries of the UK’s RSA Insurance Group plc. Best also affirmed the ICR of “bbb” …
January 25, 2010
In a case involving two workers’ compensation funds, the Kentucky Supreme Court has ruled that lawmakers and the governor cannot replenish the state’s general fund using monies from accounts with commingled public and private monies. However, the state can suspend …
January 25, 2010
The Ohio Department of Insurance has hired Affordable Language Services to provide translation services, Director Mary Jo Hudson announced. The company will be able to answer questions from consumers in more than 150 languages. “We want to be certain that …
January 25, 2010
U.S. securities regulators originally treated the New York Federal Reserve’s bid to keep secret many of the details of the American International Group bailout like a request to protect matters of national security, according to emails obtained by Reuters. The …
January 25, 2010
Markel International has appointed Simon Wilson to the role of director, international development. He joins Markel International from Lloyd’s. For the last three years, he was Lloyd’s general representative in Singapore and managing director of Lloyd’s Asia. Wilson oversaw the …
January 25, 2010
A 63-year-old former bookkeeper at a Dalton, Georgia insurance brokerage is facing federal charges she embezzled more than $1 million from her employer. Prosecutors say Carolyn Lynn Cherry of Chatsworth forged her supervisor’s signature on company checks from 2003 to …
January 25, 2010
Effective Feb. 1, 2010, the online renewal period for Nebraska non-resident insurance producer licenses, through the National Insurance Producer Registry (NIPR) at www.nipr.com, will be extended to 90 days prior to the license expiration date, the Nebraska Department of Insurance …
January 25, 2010
Insurance Inc. of Southern California has opened an office in Riverside, Calif. The new office is part of an effort to expand operations and continue growth through appointed carriers and to provide consumers and business owners in the Inland Empire …
January 25, 2010
Seventeen major television networks and production studios and seven talent agencies have reached a $70 million settlement of complaints brought by 165 writers aged 40 or older who alleged age discrimination. Approximately two-thirds of the $70 million settlement payment will …