Keystone Insurers Group (KIG), headquartered in Northumberland, Penn., has added three Indiana franchisees to its growing list of partner agencies. Hummel Insurance Group, Associated Agencies and Rosemeyer Agency bring the Indiana franchise total to 25 and join KIG’s network of …
West Virginians can bring bad faith lawsuits against insurance companies under the state’s human rights act, the state Supreme Court of Appeals has ruled. The court found that the West Virginia Human Rights Act “prohibits unlawful discrimination by a tortfeasor’s …
The number of financial impairments for U.S. property/casualty (P/C) insurers have more than tripled since 2007, the last full year before the current recession, rising to 18 in 2009, up from 16 in 2008 and from five in 2007. A.M. …
As time ran out on the Louisiana legislative session, lawmakers were unable to complete a deal on a Senate Bill 731, which would have allowed the attorney general to hire outside attorneys on a contingency fee basis, according to the …
More than 1,000 Ohioans who have policies with American Trade Association Inc., American Trade Association LLC, Smart Data Solutions LLC and/or Serve America Assurance, will be affected by the liquidation of the companies in Tennessee, the Ohio Department of Insurance …
A district court judge has authorized Oklahoma Insurance Commissioner Kim Holland to place Pegasus Insurance Company into rehabilitation. Pegasus specializes in workers’ compensation for professional employer organizations (PEOs), or employee leasing entities, according to information posted on the company’s Web …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Bermuda-based Argo Re Ltd. and its subsidiaries. Best also affirmed the ICR of “bbb” and debt ratings of the …
After years of doing business exclusively though wholesale brokers, United States Liability Insurance Group (USLI) is expanding its distribution to work directly with retail insurance agencies. “We are expanding our distribution to include retailers on a selected basis,” Chairman, CEO …
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating (ICR) of “a” of the UK’s Brit Insurance Limited (BIL). Best also affirmed the ICR of “bbb” of Brit Insurance Holdings N.V. (BIHNV), based …
Price Forbes & Partners, an independent, London-based specialist insurance broker, announced the expansion of its business through the establishment of a Treaty Reinsurance Division. Starting October first, the newly-formed division will be lead by Paul Bumpstead as Managing Director, Reinsurance. …
