June 7, 2007
A.M. Best Co. has affirmed the financial strength rating (FSR) of “A” (Excellent) and the issuer credit ratings (ICR) of “a” of New York-based QBE Re Group U.S. and its members. Best also removed the ratings from under review with …
June 6, 2007
Washington’s Office of the Insurance Commissioner has approved the sale of three Bellevue, Wash.-based property and casualty insurance companies to an Austrailian holding company. Officials said Unigard Insurance Co., Unigard Indemnity Co., and Unigard Pacific Insurance Co., will continue operations …
June 6, 2007
Bank insurance brokerage fee income was up 3.9 percent year-to-date through March 31, 2007, compared to the first quarter of 2006, according to the Michael White-Symetra Bank Fee Income Report (Bank-FIR). The Bank-FIR reveals that bank insurance brokerage fee income …
June 6, 2007
AAA Mid-Atlantic and Drive Smart Virginia, along with the insurance industry and other partners, are calling on Virginians to take action today on Distracted Driving Awareness Day and make a pledge to pay attention while driving. Distracted Driving Awareness Day …
June 5, 2007
The Texas Department of Insurance and Commissioner of Workers’ Compensation Albert Betts are hosting the 59th Annual Southern Association of Workers’ Compensation Administrators (SAWCA) Convention on July 14-18, 2007, in Austin. Insurance carriers, health care providers, employers and employee organizations …
June 5, 2007
Eight new insurers entered the property and casualty insurance marketplace in Florida since January 1, 2007 according to the Florida Office of Insurance Regulation The insurers represent a variety of insurance entities including surplus lines, alien, foreign, and domestic property …
June 4, 2007
Maryland became only the second state to make staging a car accident to steal insurance money a specific crime when Gov. Martin O’Malley signed a bill into law recently. According to the Coalition Against Insurance Fraud, the new law (HB …
June 4, 2007
Maryland became only the second state to make staging a car accident to steal insurance money a specific crime when Gov. Martin O’Malley signed a bill into law recently. According to the Coalition Against Insurance Fraud, the new law (HB …
June 4, 2007
Titan, Eastwood THI Holdings (Delaware) Inc., a Nationwide company, through one of its agency subsidiaries, has acquired the assets of Anaheim Hills, Calif.-based Eastwood Insurance Services Inc. for $217 million. Eastwood Insurance operates 47 multi-line agencies in California, Texas, Florida, …
June 4, 2007
Lawley Service Inc. p:Buffalo, N.Y. Owner(s)/principal(s): William J. Lawley Jr., Christopher D. Ross, Michael R. Lawley 2006 personal lines premium: $61 million No. of personal lines insurers: 15 Lawley Service Inc. resides in downtown Buffalo, N.Y., on its local main …