A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit ratings of “a-” of Builders Insurance Group and its three pooled members: Builders Insurance (A Mutual Captive …
Fairfax, Zenith National Insurance Toronto-based Fairfax Financial Holdings Ltd. and California-based Zenith National Insurance Corp. announced that Fairfax has received approval from the California Department of Insurance for the acquisition by Fairfax of Zenith pursuant to the previously announced merger …
U.S. Sen. George LeMieux criticized President Barack Obama’s handling of the Gulf oil spill Saturday, saying he hasn’t done enough to help Florida and the other affected states or their residents. Obama visited Louisiana’s Gulf Coast on Friday, hours after …
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Speaker and Entertainer No-Show, Cancellation Coverage Market Detail: HCC Specialty Underwriters can provide coverage for …
Put down the cell phone and step away from the car. Georgia drivers soon will be banned from texting, checking e-mail or using the Internet behind the wheel and teens will be prohibited from using their cell phones at all …
Georgia Gov. Sonny Perdue is preparing to sign legislation requiring adults riding in pickup trucks to wear seat belts. Perdue was scheduled to go to Dalton, Ga., to sign the measure Thursday afternoon. The legislation had been blocked by state …
An ethics activist is defending the State Ethics Commission’s decision to schedule a hearing involving GOP gubernatorial candidate and state Insurance Commissioner John Oxendine less than a month before the crowded primary contest in which he is a front-runner. George …
Georgia Insurance Commissioner John Oxendine is scheduled to go before the state ethics commission less than a month before a crowded primary contest in which he is seeking the Republican nomination for governor. Stefan Passantino, Oxendine’s attorney, said his client …
The North Carolina-based Smart Choice Agents Program, which says it currently provides personal and commercial lines markets for some 3,000 independent agencies in 32 states, is expanding into six additional states. The program is moving into Arizona, Colorado, Nevada, New …
The nation’s most knowledgeable drivers are in Idaho, Wisconsin, Montana and Kansas, while the least knowledgeable are in New York, New Jersey, Hawaii and California. That’s according to results from the 2009 GMAC Insurance National Drivers Test, which found that …
