A private university will pay $7.5 million to provide care to a football player who suffered a severe brain injury in a 2005 game, settling a case that questioned how the school handled a concussion the player allegedly suffered a …
The Main Street America Group, based in Jacksonville, Fla., announced that Indiana-domiciled Grain Dealers Mutual Insurance Company has been cleared to become an affiliate of the Jacksonville, Fla.-based super regional property-casualty insurance carrier. The deal has been approved by the …
The Bermuda-based Max Capital Group has appointed David Kalainoff as President of Reinsurance Operations. He joined Max in 2003, most recently serving as Managing Director Reinsurance and Executive Vice President and Chief Underwriting Officer, Casualty Reinsurance of Max Bermuda. Kalainoff …
Arizona Attorney General Terry Goddard wants a Connecticut-based insurance company to tell Arizona policyholders whether their personal, medical or financial information was lost or stolen in a security breach six months ago. Goddard’s office says a hard drive containing personal …
A landmark court ruling blaming the Army Corps of Engineers’ “monumental negligence” for some of the worst flooding from Hurricane Katrina could lead to a new deluge: billions of dollars in legal action from thousands of storm victims. The federal …
A.M. Best Co. has affirmed the financial strength ratings (FSR) and issuer credit ratings (ICR) of the P/C and life/health insurance subsidiaries of Assurant, Inc. Best also affirmed the ICR of “bbb” and debt ratings of Assurant. At the same …
A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Balboa Insurance Group and its P/C members: Balboa Insurance Company (BIC), Meritplan Insurance Company (both of Irvine, CA), Newport …
Arizona legislators began a special session Tuesday mostly aimed at reducing the state’s $2 billion budget shortfall but also to resolve issues related to foreclosures and research funding. The House and Senate convened just hours after Gov. Jan Brewer issued …
State Farm Fire and Casualty Co. is going to have to pay the defense costs of two former agents it fired, and then sued, according to a court decision handed down recently. The well-known dispute between the two agents against …
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. Commercial Construction Liability Market Detail: Insurance Specialty Group presents PrimeSTARR, an ISO-based commercial construction general …
