In response to the trend towards use of more energy efficient and environmentally friendly “green” products and materials, The Mutual Service Office, Inc. (MSO) has introduced a green upgrade supplemental coverage endorsement for its commercial property program. Highlights of the …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Farmers Insurance Group and its members. Best also affirmed the debt ratings on the outstanding surplus notes of Farmers …
Allstate will be refund $428,355 to 2,445 Delaware policyholders who had not received discounts on their automobile insurance premiums to which they were lawfully entitled, the state’s insurance commissioner said. All of the affected policyholders had successfully completed Department of …
Ohio Casualty, a Liberty Mutual Agency Markets regional company, has introduced its comprehensive online Agent Learning Center for its appointed agencies. Ohio Casualty appointed agents can now register for classroom workshops and participate in virtual or self-paced online programs, many …
The White House has approved Oklahoma Gov. Brad Henry’s request for a major disaster declaration for the Jan. 28 ice storm. Under the declaration issued March 5, 25 counties will receive public assistance for expenses related to response to and …
A tax question holding up American International Group Inc.’s sale of its foreign life insurance unit to MetLife Inc. is expected to be resolved favorably, clearing the way for a roughly $15 billion deal, sources familiar with the matter said …
Two AIG units settled federal charges that they discriminated against blacks in providing home loans and will pay at least $7.1 million for restitution and education efforts, according to court documents filed Thursday. The units, AIG Federal Savings Bank and …
Foodborne illnesses cost the United States $152 billion in health-related expenses each year, according to a study released by consumer and public health groups on Wednesday. Food safety advocates are hoping that the study will boost efforts in Congress to …
The Oregon Public Employee Retirement Fund will recover losses that were attributable to a pattern of poor disclosure and bid-rigging by insurance giant American International Group Inc. (AIG), under a settlement announced by State Treasurer Ben Westlund and Attorney General …
Republicans should find things to like in President Barack Obama’s healthcare reform plan because they were taken from Republican bills or have been advocated by Republicans, the president’s top healthcare reform officials said Thursday. In an opinion piece for The …
