A.M. Best Co. has withdrawn the financial strength rating of ‘A’ (Excellent) and assigned a category of NR-5 (Not Formally Followed) to Kansas-based KFBInsurance Company, formerly a wholly owned subsidiary of Farm Bureau Mutual Insurance Company, and a fully reinsured …
Workers’ compensation costs per claim in Massachusetts were typical among 14 study states, but grew rapidly in four out of five study years, including a nearly 10 percent increase in 2005 claims evaluated in 2006. The study by Cambridge, Mass.-based …
Schaumburg, Ill.-based Zurich Services Corp.’s risk engineering division recently announced that it is collaborating with OSHA Fast Fix to help Zurich customers improve workplace safety, address the causes of accidents and reduce workers’ compensation claims. Under this arrangement, Zurich in …
The Leavitt Group has named Gregory L. Gates a senior executive in the organization. Gates will provide guidance and deliver quality support to a large section of the company, working with affiliated agencies located in Arizona, Nevada and Georgia. Prior …
The National Association of Mutual Insurance Companies (NAMIC) has announced that Mark Johnston has joined the association as state affairs manager for the Midwest region. Johnston is a former health insurance lobbyist from St. Louis, Mo. Johnston will advocate on …
Wisconsin-based Wausau Insurance recently announced that Michael Parker has been appointed executive vice president — Field Operations. “With Michael’s wealth of industry experience and knowledge of agents and brokers, I’m confident he will provide the leadership we need to continue …
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. Tattoo & Body Piercing Nuts & Bolts: Professional Program Insurance Brokerage has enhanced its tattoo …
Livingston and Iroquois counties in eastern Illinois will receive federal disaster aid to recover from January flooding, the Federal Emergency Management Agency said Friday. March 7 in a decision that reversed an earlier ruling. FEMA initially ruled last month the …
Illinois Insurance Director Michael McRaith recently announced a statewide effort to enforce Illinois’ statutes regarding certificates of insurance and warns producers and companies that violations can result in significant penalties. “The issue of amending or altering certificates of insurance that …
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. Blanket Accident Insurance Nuts & Bolts: Francis L. Dean & Associates of Illinois is a …
