More people are now eligible to claim exemptions from workers’ compensation in Tennessee as a result of a new law that took effect this month. The law expands eligibility for people who can apply for and be listed on the …
Hampton Roads, Virginia-based TowneBank has acquired the Stanton Taylor Agency, a Raleigh, North Carolina agency that provides insurance and risk management services throughout Raleigh and eastern North Carolina. The agency will be affiliated with Towne Insurance Agency, a wholly-owned subsidiary …
New Jersey’s auto insurance personal injury protection (PIP) regulations are due for an update. The state’s law requires that the Department of Banking and Insurance (DOBI) revisit the rules every two years. The proposed rule changes are drawing a great …
Chicago-based Ryan Specialty Group (RSG) announced leadership changes at ThinkRisk Underwriting Agency, one of RSG’s underwriting companies. Nicole Haggerty has been named president and Reza Khan executive vice president of ThinkRisk, which was founded in 2010 in Kansas City. Prior …
The insurance industry is paying increasing attention to what people and businesses post on social networking sites like Facebook, Twitter and LinkedIn. Already, scouring Facebook and other social network pages of the insureds is a common practice on the claims …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A (Excellent) and issuer credit ratings (ICR) of “a” of Aspen Specialty Insurance Company (ASIC), headquartered in Bismarck, North Dakota and Aspen American Insurance Company (AAIC), headquartered in Dallas, …
U.S. Senator Richard Blumenthal (D-Conn.) called on State Farm Insurance to drop its hurricane deductible for Connecticut residences whose homes were damaged by Tropical Storm Irene. Blumenthal was joined at his Hartford press conference on Tuesday, Oct. 11, by Elizabeth …
The latest U.S. jobs data show the insurance industry lost 2,100 jobs overall in August. The industry employs some 2,211,000 workers according to the latest numbers. The Insurance Information Institute reported that most of the sub-sectors had gained some jobs …
Aon Risk Solutions appointed Paul Healy as executive vice president and national managing director of contract surety. Based in Boston, Healy will lead Aon’s national contract surety unit, which helps contractors and corporations secure necessary credit facilities for their businesses. …
A.M. Best Europe – Rating Services Limited has upgraded the financial strength rating to ‘A++’ (Superior) from ‘A+’ (Superior) and the issuer credit rating to “aa+” from “aa-” of UK-based HSB Engineering Insurance Limited (HSBEIL), both with stable outlooks. The …
