May 26, 2009
Attorney General Lisa Madigan has filed an objection to the terms of Chrysler’s pending sale to Fiat in federal bankruptcy court on behalf of the Illinois Workers’ Compensation Commission (IWCC) and the Illinois Self-Insurers Advisory Board (ISIAB). Attorneys general in …
May 20, 2009
A.M. Best Co. has downgraded the financial strength rating to ‘B++’ (Good) from ‘A-‘ (Excellent) and issuer credit ratings to “bbb+” from “a-” of Georgia Farm Bureau Group and its members, Georgia Farm Bureau Mutual Insurance Company and Georgia Farm …
May 19, 2009
At the annual conference of the Association of Managing General Agencies (AAMGA) now underway in Boca Raton, Florida, attendees are very much attuned to what’s going on up north in Washington, D.C. What do AAMGA members think about what’s going …
May 19, 2009
Arthur J. Gallagher & Co. has acquired Nourse Insurance Brokers Inc. in Walnut Creek, Calif. Terms of the transaction were not disclosed. Founded in 1935, Nourse Insurance Brokers Inc. is a retail insurance broker offering personal and commercial property/casualty insurance …
May 19, 2009
Allstate Corp., the largest publicly-traded U.S. home and auto insurer, said it will not take funds from the government’s Troubled Asset Relief Program, after winning eligibility last week to do so. Chief Executive Thomas Wilson said on Tuesday the Northbrook, …
May 18, 2009
Phenix Mutual, Motorists Mutual Concord, New Hampshire-based Phenix Mutual Fire Insurance Co. announced that it will become an affiliate of The Motorists Insurance Group, upon approval by regulators in New Hampshire and Ohio, where Motorists is headquartered. Phenix, which operates …
May 18, 2009
2007 State Obesity Rates State % Alabama 30.3 Alaska 27.5 Arizona 25.4 Arkansas 28.7 California 22.6 Colorado 18.7 Connecticut 21.2 Delaware 27.4 Washington DC 21.8 Florida 23.6 Georgia 28.2 Hawaii 21.4 Idaho 24.5 Illinois 24.9 Indiana 26.8 Iowa 26.9 Kansas …
May 18, 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. Livestock Mortality Insurance Market Detail: Chopra Insurance Brokerage Inc. offers an “all risks of mortality” …
May 15, 2009
Citizens in four Midwestern states are cleaning up after violent storms killed three people in northern Missouri, damaged hundreds of homes and left thousands without power. Authorities reported at least two tornadoes touching down in Adair County, the first hitting …