columbia lloyds News

A.M. Best Downgrades Texas-Based Columbia Lloyds, MDOW Insurance

A.M. Best Co. has downgraded the financial strength rating to B++ (Good) from A- (Excellent) and issuer credit ratings to “bbb” from “a-” of Columbia Lloyds Insurance Co. (Columbia Lloyds) and its wholly owned and 100 percent reinsured subsidiary, MDOW …

Former Controller for Texas Insurer Sentenced for Wire Fraud Scheme

The former controller for a Houston-based property/casualty insurance company has been sentenced to 120 months in federal prison for her conviction of conspiracy to commit wire fraud involving almost $1 million in loss to the victim company, according to the …

Columbia Lloyds Names Dunn Chairman, Appoints Mann as President

Houston, Texas-based regional insurance carrier, Columbia Lloyds Insurance Co., has named Milby D. Dunn II as chairman of the board of Underwriters and appointed Jeffrey Mann as president and CEO. Each has extensive insurance industry experience for a combined 34 …