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 …
The U.S. Forest Service should allow helicopters to fight fires during darkness, a tactic that could have been used in the critical first hours of the summer’s gigantic and deadly wildfire in the Angeles National Forest, a Los Angeles County …
A city councilman in Libby, Mont., said Thursday that the Environmental Protection Agency owes the asbestos-plagued Superfund community $2 million for the demolition of several contaminated buildings. The city-owned buildings included an export plant for asbestos-laden vermiculite that was shipped …
Alan Ring joined National Contractors Insurance Co. Inc. (NCIC), a risk retention group, headquartered in Big Fork, Mont., as director of sales and marketing. Prior to joining NCIC, Ring was a regional manager for construction-related publications and affiliated online properties, …
A.M. Best Co. has affirmed the financial strength rating of A’- (Excellent) and issuer credit rating of “a-” of the UK-based Sunderland Marine Mutual Insurance Company Limited (SMMI), both with stable outlooks. Best said it expects SMMI’s risk-adjusted capitalization “to …
Zurich North America announced that its Global Energy unit has appointed Iain Hawker as vice president – Exploration & Production and underwriting manager for London. He replaces Len Messenger, who will take on a new role focused on Asia Pacific …
Colorado’s Center for Native Ecosystems has announced the launch of a new website, www.I-70WildlifeWatch.org, intended to decrease the incidence of wildlife getting hit by cars on the state’s roadways. The website will allow motorists to report wildlife they see along …
Chicago-based insurance broker Hub International Limited has acquired Mones & Associates Insurance Brokers Inc., one of the largest personal and commercial insurance brokers in western and northern Canada with approximately $10 million in annual revenue, from Aviva Canada Inc. Mones …
The Bermuda-based Argo Group International Holdings, Ltd. announced financial results for the three and nine months ended Sept. 30, 2009. The Group listed the following “Highlights” for the three months ended Sept. 30, 2009: — Total revenue was $383.8 million, …
Montana Commissioner of Securities and Insurance Monica J. Lindeen has been appointed to the North American Securities Administrators Association’s (NASAA) Federal Legislation Committee, a key committee as Congress continues the work of reforming the nation’s financial regulatory system. “Reinforcing consumer …
