Nevada’s insurance carriers have reported they have received around 600 claims as a result of the Caughlin Ranch Fire resulting in more than $16 million in claims, Nevada’s insurance commissioner said on Friday. The losses from the fire, which forced …
The Arizona Insurance Council (AIC) has elected new officers for 2012. AIC is a non-profit, trade association focused on consumer education and partnership building on behalf of property and casualty insurers in Arizona. The AIC 2012 elected officers and the …
Russia was admitted into the World Trade Organization on Friday after 18 years of negotiation, finally binding it into the global economy two decades after the Soviet Union collapsed. Russia’s $1.9 trillion economy was the largest outside the WTO, and …
State Farm Insurance has asked an appeals court to throw out an order requiring the company to refund about $350 million to Texas customers. A three-judge panel of the 3rd Court of Appeals in Austin took the case under advisement …
Regulators and consumer groups in Alabama are awaiting the results of a data call from insurers to see if they are quickly handling claims and resolving other residents’ claimants. Commissioner Jim Ridling issued the data call last month in the …
Following its rating actions on the UK-based Aviva plc, A.M. Best Co. has placed under review with negative implications the financial strength rating (FSR) of ‘A ‘(Excellent) and issuer credit ratings (ICR) of “a+” of Iowa-based Aviva Life and Annuity …
The board of directors of the National Insurance Producer Registry (NIPR) re-elected Alaska Insurance Director Linda Hall as NIPR president during its Dec. 13 meeting in Chicago. Hall has been a member of the NIPR board since 2003 and served …
A.M. Best Co. has upgraded the issuer credit ratings (ICR) to “a+” from “a” and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) of First of Hawaii Group and its members. Best also removed the ratings from under review …
A.M. Best Co. has placed under review with negative implications the financial strength rating (FSR) of ‘A ‘(Excellent) and issuer credit ratings (ICR) of “a+” of Aviva Insurance Company of Canada and its affiliates, Elite Insurance Company, Pilot Insurance Company, …
The Federal Emergency Management Agency has expanded its wildfires disaster declaration area for Texas to include 119 counties. Gov. Rick Perry announced that FEMA has granted the state’s request to increase the original 45 counties eligible to seek disaster help. …
