“It’s been a busy week,” said Glen Pomeroy, CEO of the California Earthquake Authority. The magnitude 6.1 earthquake that struck Northern California in the early hours of Aug. 24 may cause up to $4 billion in economic losses by some …
A.M. Best Co. has placed under review with developing implications the financial strength rating of ‘C’ (Weak) and issuer credit ratings of “ccc” of Florida-based United Automobile Insurance Group and its member, United Automobile Insurance Company. Best has also downgraded …
GeoVera Insurance Co. has launched a residential windstorm-hurricane insurance product in Hawaii. The policy will insure residential properties against the single peril of windstorm during a hurricane. GeoVera is partnering with local independent insurance agents to offer the policy to …
