December 21, 2009
Farmers Insurance Group of Cos. has appointed Senior Vice President Roy Smith to Senior Vice President Field Operations, Southwest Zone, effective immediately. The Southwest Zone includes the states of Texas, New Mexico, Arizona, Oklahoma and Arkansas. Smith joined Farmers Insurance …
December 21, 2009
A state audit of a Kentucky municipal association — the second in as many months — has found problems with compensation, spending, conflicts of interest and procurement matters including in the operation of the organization’s insurance services. State Auditor Crit …
December 21, 2009
A.M. Best Co. has affirmed the financial strength ratings (FSR) and issuer credit ratings (ICR) of most P/C life/health insurance subsidiaries of American International Group, Inc., as well as the ICR of “bbb” of AIG. Best also said it has …
December 21, 2009
A Battle Ground, Washington, auto glass installer who overbilled an insurance company for years has pleaded guilty to first-degree theft. Robert T. Wooster, 51, doing business as Dr. Bob’s Auto Glass and DRB Enterprises Auto Glass, is believed to have …
December 21, 2009
Scientists have released updated tsunami maps pinpointing California coasts vulnerable to giant waves generated by an undersea earthquake. Previous hazard maps only covered select coastal communities and focused on flooding risks from locally occurring temblors. The second-generation maps, released Thursday …
December 21, 2009
New York State Insurance Fund Deputy Executive Director Thomas Gleason has been honored with an award for excellence from the New York Claim Association (NYCA). The award, which was presented during a dinner earlier this month, recognizes service to the …
December 21, 2009
California Insurance Commissioner Steve Poizner today announced that James Alfred Morris, 66, of Covina, has been arrested and charged with eight felony counts of identity theft and six felony counts of grand theft after allegedly stealing a man’s identity in …
December 18, 2009
Europe’s insurance sector has “fared well relative to banks over the past two years,” a new report from Standard & Poor’s Ratings Services notes. As an example, the study – “European Insurers Withstand Global Economic Conditions, But Resilience Will Likely …
December 18, 2009
Irvine, Calif.-based Superior Access Insurance Services Inc. (SAIS) announced it will be providing aviation coverage products with support from more than 20 carriers. SAIS now has the ability to place and service a number of aviation-related exposures including corporate and …
December 18, 2009
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of “a+” of Zurich Insurance Company Limited (ZIC), the main operating company of Zurich Financial Services Ltd. (ZFS), and its rated subsidiaries. …