Washington, D.C. Mayor Anthony Williams has appointed Thomas Hampton as the Acting Commissioner of D.C.’s Department of Insurance, Securities and Banking, succeeding Commissioner Lawrence Mirel, who left recently for private practice after serving in that position for six years. A …
After a slight lull in the Atlantic hurricane season, things may be heating up again. A hurricane watch was in effect for the Cayman Islands as a tropical depression churned through the Atlantic on a path that may threaten the …
Wilmington Trust, a provider of specialized management and fiduciary services to corporations worldwide, is expanding the reach of its captive insurance management services. Wilmington Trust entered the growing captive insurance management business in July when it acquired Charleston Captive Management …
A.M. Best Co. upgraded the financial strength ratings to “A+” (superior) from “A” (excellent) and assigned issuer credit ratings of “aa-” to ACE Westchester Specialty Group, headquartered in New York, and ACE American Pool of Pennsylvania. The upgrades represent rating …
A.M. Best Co. upgraded the financial strength ratings to “A+” (superior) from “A” (excellent) and assigned issuer credit ratings of “aa-” to ACE Westchester Specialty Group, headquartered in New York, and ACE American Pool of Pennsylvania. The upgrades represent rating …
A.M. Best Co. has upgraded the financial strength ratings (FSR) to A+ (Superior) from A (Excellent) and assigned issuer credit ratings (ICR) of “aa-” to ACE Westchester Specialty Group (ACE Westchester) (lead company domiciled in New York) and ACE American …
A.M. Best Co. announced that it has affirmed the financial strength rating of “A-” (Excellent) of Sagicor General Insurance Inc. (Bridgetown, Barbados) with a stable outlook. “The rating reflects Sagicor’s solid risk-based capitalization, excellent operating performance, consistently prudent underwriting leverage …
Hurricane Dennis has become a powerful storm of Ivan like proportions. As it churned through the warm waters of the Caribbean, Dennis picked up strength and size. The latest report from Miami’s National Hurricane Center said its maximum sustained winds …
As expected, tropical storm Dennis became Hurricane Dennis yesterday, July 6, when wind speeds exceeded 72 mph (115 km/hr). The storm is currently a category 1 hurricane packing maximum sustained winds near 85 mph (140 km/hr) with higher gusts. Miami’s …
Tropical storm Dennis, the fourth named storm of the season, is currently in the process of consolidation. The latest bulletin from the National Hurricane Center in Miami puts the center of the storm about 310 miles (500 kms.) South-southeast of …
