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 …
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
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 …
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 …
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. …
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 …
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. …
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 …
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 …
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 …
