Standard & Poor’s Ratings Services has assigned its ‘A+’ counterparty credit and financial strength ratings to Everest Reinsurance Co. (Ireland) Ltd. S&P also said the outlook on Everest Re Ireland is stable. S&P noted that Everest Re Ireland is a …
“Beware the ides of March” was the soothsayer’s warning to Julius Caesar in Shakespeare’s play about the Roman Emperor. These days, the phrase has taken on the ominous meaning that something bad is about to occur on or around March …
Liability Claims to Come Could Exceed $1 Billion, Some Experts Predict The tragic disappearance of Air France flight 447 over the Atlantic early on June 1 remains a mystery. The plane’s 216 passengers and 12 crew members perished as all …
Assurex Global Struck Gold with Partners Around the World Assurex Global Year Founded: 1954 Locations: 500 offices on six continents Employees: 20,000 Annual Premium Volume: $28 billion Annual Revenue: $3.4 billion Assurex Global wasn’t fully “global” until the late 1990s, …
During Roadcheck 2009, which ran from June 2 through June 4, Texas Department of Public (DPS) troopers inspected 7,316 commercial vehicles, a 25.6 percent increase from Roadcheck 2008. During the three-day campaign, 7,316 commercial vehicles were inspected, and 1,636 of …
A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating of “B++’ (Good) and issuer credit rating of “bbb” of Bermuda-based Elwood Insurance Limited. Best said: “Elwood’s ratings recognize its excellent capitalization level, …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Toronto-based Intact Insurance Group, the former ING Canada Group. It includes Belair Insurance Company Inc. of Montreal, Intact Insurance …
Hub International Ltd.’s Northwest operating unit has acquired the assets of Rettenmier Benefits Group Inc., an Everett, Wash.-based employee benefits consulting and insurance brokerage firm serving businesses and individuals in the Pacific Northwest. Terms of the acquisition were not disclosed. …
The Insurance Bureau of Canada, which represents 95 percent of the Country’s P/C carriers, has reacted strongly to charges that they oppose reforms in the auto sector. The IBC stated: “An alliance of medical/ rehabilitation providers has issued another press …
The Dallas Cowboys used advice from a man who falsified his educational credentials and served federal prison time for drug trafficking to make major structural reinforcements to a practice facility whose collapse injured a dozen people. The Dallas Morning News …
