Deal making wasn’t at the top of the list of summer activities this season, but deal vacation was. Third quarter merger and acquisition (M&A) activity continued declining to just 30 announced transactions between July and September. This quarterly activity follows …
A.M. Best Co. has affirmed the financial strength ratings (FSR) and issuer credit ratings (ICR) of the P/C and life/health insurance subsidiaries of Assurant, Inc. Best also affirmed the ICR of “bbb” and debt ratings of Assurant. At the same …
Georgia’s top fire official is urging churches to bolster security after two metro Atlanta churches were set on fire. Georgia Insurance and Fire Safety Commissioner John Oxendine said officials are investigating whether the arsons at churches in East Point and …
Liberty Mutual Agency Markets has appointed Carol Sipe as president and chief executive officer of Summit, which provides monoline workers’ compensation coverage in 10 southeastern states. Sipe succeeds Rick T. Hodges, who has led Summit since 1999. Hodges will retire …
A letter sent to the customers of a parking deck that collapsed last summer blames a bolt for the accident. David Tyndall, whose company leases spaces in the Centergy parking garage, told The Atlanta Journal-Constitution that a bolt at a …
Aon, Carpenter Moore Global insurance broker Aon Corp. has agreed to acquire Carpenter Moore Insurance Services, Inc., a provider of executive liability risk management services and a wholly owned subsidiary of The NASDAQ OMX Group, Inc. Financial terms of the …
BB&T, Oswald Trippe Raleigh, North Carolina-based BB&T Insurance Services, the nation’s seventh largest insurance broker, said it has expanded its southwest Florida operation with the acquisition of Oswald Trippe and Co. Inc. of Fort Myers. Terms were not disclosed. In …
Many Cobb County homeowners in Georgia say they’d like the county to buy their flood-damaged homes, but a county official says it’s impossible to accommodate all of them. About 300 people gathered at a recreation center near Powder Springs recently …
Alan Ring has joined National Contractors Insurance Co., Inc. (NCIC), a risk retention group, headquartered in Big Fork, Montana, as director of sales and marketing. Ring will be based in NCIC’s Anaheim Hills, California, office. Prior to joining NCIC, Ring …
$4.2 Million The settlement reached by the Diocese of Savannah with Allan Ranta who alleged he was sexually molested by former priest Wayland Y. Brown between 1978 and 1983. The diocese said that the $4.24 million settlement brings to a …
