May 22, 2008
Standard & Poor’s Ratings Services has changed the outlook on its ‘B’ long-term counterparty credit rating on Triad Financial Corp. to negative from stable. “The outlook change reflects the company’s weak earnings and difficulty in obtaining stable, long-term funding for …
May 19, 2008
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. Pizza Delivery Program Market Detail: IPC offers hired and non-owned auto coverage for food delivery …
May 9, 2008
Texas Attorney General Greg Abbott reached an agreement with El Paso-based CNG Financial Corp. and its subsidiaries, Check ‘n Go of Texas Inc. and Southwestern & Pacific Specialty Finance Inc., over charges that the company failed to protect customers from …
May 8, 2008
PIA Western Alliance has named Amanda Washington the association’s junior vice president. She will take a greater role in the day-to-day operation of the Western Alliance’s nonprofit operation, including membership, conventions, marketing, education and communications. Washington has been with the …
May 8, 2008
Maine election officials said this week that they’ve accepted applications from four groups that are challenging a pair of recently enacted laws, but the four groups could morph into two as the campaigns develop. A group calling itself the Fed …
May 5, 2008
Just weeks after earthquakes rattled Nevada, the Midwest and the coast of Oregon, and on the heels of the 102nd anniversary of San Francisco’s 1906 earthquake, the public, government officials and insurance industry professionals are wondering whether towns across could …
May 5, 2008
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. Human Services Nuts & Bolts: Travis Pederesen and Associates is offering general liability, professional, umbrella, …
May 1, 2008
Maine Secretary of State Matthew Dunlap said his office had received a people’s veto application that could launch a referendum drive to overturn newly enacted legislation to tighten standards for getting a Maine driver’s license. State officials said the people’s …
April 25, 2008
Seattle-based Physicians Insurance A Mutual Co. has been upgraded to an A- rating by A.M. Best Co. In its news release on April 23, 2008, A.M. Best noted that Physicians Insurance’s “excellent risk-adjusted capitalization, conservative reserving philosophy and aggressive claims …
April 23, 2008
Liberty Mutual Group has agreed to acquire all outstanding shares of common stock of Safeco Corp. for $68.25 per share in cash in a deal that will make Liberty Mutual the fifth largest U.S. property/casualty insurer and second largest surety …