WKF&C Agency of California, based in Sacramento, is now offering a new, comprehensive habitational package policy. Thomas J. Kennedy, president & CEO of WKF&C Agency, Inc. said the firm is expanding its product offerings in the Western states and provides …
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit rating of “a” of Italy’s Societa Cattolica di Assicurazione – Societa Cooperativa. Both ratings gave negative outlooks. Best said the ratings reflect its “expectation …
Private U.S. property/casualty insurers’ net income after taxes rose to $16.2 billion through nine-months 2009, partially recovering from the 91.2 percent decline to $4.4 billion through nine-months 2008 from $49.6 billion through nine-months 2007. Insurers’ overall profitability as measured by …
Florida Insurance Commissioner Kevin McCarty has ordered captive insurer American Assurance Underwriters Group and its affiliates Worldwide Expatriate Administrators LLC and Worldwide Expatriate Advisors LLC to stop selling health insurance in Florida. McCarty said the firms are not properly licensed. …
Florida insurance officials have shut down four firms selling motor vehicle service warranties for being unlicensed. Florida Insurance Commissioner Kevin McCarty announced that the Office of Insurance Regulation has ordered National Automotive Services Inc., Warranty Financial Inc. (also known as …
A church custodian who was injured in a ladder fall, but waited nearly five years to file a workers’ comp claim is barred from collecting benefits, a Massachusetts Appeals Court has ruled. The employee in this case, James Sullivan, was …
Terry Morgan Drayer has joined London American Risk Specialists Inc. as senior casualty broker. Drayer will launch the firm’s new Allied Medical Department in the Houston, Texas, office. Drayer’s focus will be on allied medical risks and ancillary medical facility …
The Kansas Insurance Department (KID) reported Dec. 21 that Commissioner Sandy Praeger has levied a $5,000 fine against a Kansas-licensed insurance company and has ordered premium refunds for those consumers affected by the company’s statute violations. In an order issued …
Kentucky Gov. Steve Beshear has banned state employees from sending text messages while driving government-owned vehicles. Beshear issued an executive order that says he took the step in an effort to reduce the number of traffic accidents caused by driver …
Steve Matson has joined Houston-based Aon Consulting as a large client business developer for the United States across all regions. Matson will work directly with business development and regional leadership to drive growth through increased representation of Aon’s consulting capability …
