January 24, 2010
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Home Builders & Artisans Contractor’s GL Market Detail: Northern Star Management offers access to a …
January 22, 2010
Standard & Poor’s Ratings Services announced that its ratings on “U.S.-based Assurant Inc. (BBB/Negative/A-2) and related entities are not affected by the settlement of an SEC investigation regarding certain loss-mitigation insurance products. The reinsurance contract under examination had $2.6 million …
January 21, 2010
Huntington Beach, Calif.-based Fiesta Auto Insurance is combining its two business models — insurance and tax preparation — under one roof, quadrupling its presence to more than 80 locations during the past 10 months. Fiesta, an insurance and tax preparation …
January 20, 2010
Arrowhead General Insurance Agency Inc. of San Diego has a market for commercial surety and fidelity bonds available in Arizona, California, Nevada, Oregon and Washington. Coverage is being provided on an admitted basis by Capitol Indemnity/Platte River Insurance Co., rated …
January 14, 2010
The Hanover Insurance Group Inc.’s CEO Frederick H. Eppinger expects the western United States to be a key growth driver for the super-regional insurer in the next several years. Having just entered into a renewal rights agreement with OneBeacon Insurance …
January 12, 2010
The most recent reports of property/casualty insurers indicate a return to profits, thanks in large measure to a quiet hurricane season. But behind the rosy reports is a thorny problem — lower investment income. According to Dr. Robert Hartwig, president …
January 12, 2010
Scottsdale, Ariz.-based Nautilus Insurance Group, comprised of Nautilus Insurance Co. and Great Divide Insurance Co., member companies of W. R. Berkley Corp., has promoted Susan Drebitko to assistant vice president- claims, and Renee Clyde to assistant vice president-premium accounting. Drebitko …
January 10, 2010
The Rise of Kansas City-based Ascension Insurance Len Kline and his business partners, the private equity firms Parthenon Capital and Century Capital Management, had an ambitious goal when they created Kansas City, Mo.-based Ascension Insurance Inc. in late 2007. They …
January 10, 2010
The Insurance Council of Texas (ICT) elected Craig Sparks chairman of its board of directors. Sparks has been president of the Union Standard Insurance Company in Irving since 2000. Sparks’ insurance career began the day he graduated from the University …
January 10, 2010
The Rise of Kansas City-based Ascension Insurance Len Kline and his business partners, the private equity firms Parthenon Capital and Century Capital Management, had an ambitious goal when they created Kansas City, Mo.-based Ascension Insurance Inc. in late 2007. They …