November 4, 2007
ACE Group Holdings has agreed to pay $4.5 million to end a bid-rigging and price-fixing case, according to officials from eight states and the District of Columbia. Florida’s Chief Financial Officer Alex Sink said ACE Group Holdings Inc. and its …
November 4, 2007
The breakdown of the amounts ACE will pay individual states is as follows: D.C.: $103,703.71 Florida: $1,574,315.24 Hawaii: $74,939.23 Maryland: $251,630.51 Massachusetts: $680,951.76 Michigan: $251,958.21 Oregon: $189,475.04 Texas: $1,334,928.03 West Virginia: $38,098.27
November 4, 2007
ACE Group Holdings has agreed to pay $4.5 million to end a bid-rigging and price-fixing case, according to state officials. The monies will be divided among eight states and the District of Columbia. Florida’s Chief Financial Officer Alex Sink said …
November 4, 2007
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. Home Fuel Oil Delivery Nuts & Bolts: International Excess of Pittsburgh is offering coverage for …
November 4, 2007
Hawaii Insurance Commissioner J.P. Schmidt has approved a 19.3 percent decrease in loss costs for workers’ compensation insurance, based on a filing by the National Council on Compensation Insurance. NCCI originally filed for a 16.8 percent decrease in loss costs. …
November 4, 2007
Home Fuel Oil Delivery Nuts & Bolts: International Excess of Pittsburgh is offering coverage for propane, petroleum and fuel oil distributors. Coverages includes property, inland, commercial general liability, business auto and umbrella liability. p:Dollars: Up to $5 million. p:Carrier: Rated …
November 4, 2007
Engle Martin & Associates Engle Martin & Associates Inc., a national independent insurance adjusting and claims administration firm based in Atlanta, is extending its presence in California by opening a Sacramento office to cover the northern part of the state. …
November 1, 2007
San Mateo, Calif.-based Edgewood Partners Insurance Center (EPIC) has launched a program group in its new San Ramon office at Bishop Ranch. Seth Madnick, senior vice president, Bonnie Tsutsumi, program director, and Charisse Bertrand, director of risk management services, lead …
October 29, 2007
Standard & Poor’s Ratings Services has affirmed its ‘BBB+’ counterparty credit rating on Assurant Inc., removed it from CreditWatch negative, and assigned a negative outlook to the company. S&P also affirmed its ‘A’ counterparty credit and financial strength ratings on …
October 27, 2007
The California State Compensation Insurance Fund’s Glendale Legal Unit B appointed Katherine Harvey-Edwards to attorney-in-charge. Harvey-Edwards brings 16 years of legal experience to her new post. She was hired as a staff counsel for the organization’s West Los Angeles District …