July 6, 2009
Above and Beyond Autos “Insurance fraud in the islands is not solely committed against automobile insurance, and the state’s effort should not be restricted to a single line of insurance.” —Coalition Against Insurance Fraud applauding Hawaii’s new law that expands …
July 6, 2009
Wells Fargo Insurance Services, Grady & Associates Wells Fargo Insurance Services Inc. signed a definitive agreement to acquire Grady & Associates, a retail broker in Las Vegas. The acquisition closed June 1, 2009, and terms of the transaction were not …
July 6, 2009
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. Fire & Water Restoration Contractors Market Detail: USAssure Insurance Services Inc. offers a fire and …
July 6, 2009
The National Alliance for Insurance Education & Research has named the state award winners who will compete for the national Outstanding Customer Service Representative of the Year for 2009. Each year, a group of exceptional insurance professionals are chosen by …
July 1, 2009
American International Group, Inc. (AIG) has closed the sale of 21st Century Insurance Group, the wholly owned subsidiaries of AIG’s U.S. personal auto insurance business, to Farmers Group, Inc. (FGI), a subsidiary of Zurich for $1.9 billion. The $1.9 billion …
June 22, 2009
A.M. Best Co. has downgraded the financial strength rating to ‘D’ (Poor) from ‘C-‘ (Weak) and issuer credit rating to “c” from “ccc-” of Florida-based Argus Fire & Casualty Insurance Company, both with negative outlooks. “These rating actions reflect Argus’ …
June 17, 2009
Hawaii Gov. Linda Lingle is considering whether to sign into law a requirement for alcohol sellers to have at least $1 million in liquor liability insurance. The measure passed the Legislature this year after residents said they were worried about …
June 15, 2009
Heffernan Heffernan Insurance Brokers has established a new office in Chesterfield, Mo. – “Wrap Up Insurance Solutions” – which it describes as a full service wrap up administrator and consultant for all types of construction wrap ups, including owner and …
June 15, 2009
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. Contractors General Liability Market Detail: London American Risk Specialists Inc. brings agents a commercial general …
June 15, 2009
The Hawaii Department of Consumer and Business Services, Insurance Division has approved a rate hike of 12.1 percent for Hawaii Medical Service Association (HMSA). The state’s largest health insurer plans to raise premiums for small businesses an average of 12.1 …