Someone has been submitting fictional reports of severe weather to the National Weather Service, causing unnecessary alerts and frightening people. The areas affected have included Milwaukee, La Crosse, Chicago, and Lincoln, Ill., said Tom Schwein, chief of the National Weather …
Wheaton, Ill.-based the American Association of Insurance Services (AAIS) recently announced that it will initiate a countrywide filing of new Businessowners (BOP) manual supplements that include new terrorism loss costs and rating factors. The new rating information, which has a …
A.M. Best Co. has affirmed the financial strength ratings (FSR) of “A++” (Superior) and assigned issuer credit ratings (ICR) of “aa+” to State Farm Group and its P/C members and life affiliates. Best also upgraded the FSR to “A-” (Excellent) …
Federal disaster assistance is available for farmers and orchard owners in 81 Illinois counties to help them recover from crop damage due to the April freeze, Gov. Rod Blagojevich recently announced. Blagojevich said the U.S. Department of Agriculture granted his …
A.M. Best Co. has upgraded the financial strength rating (FSR) to “A+” (Superior) from “A” (Excellent) and the ICR to “aa-” from “a” of Chicago-based Old Republic General Insurance Corporation (ORGENCO). Best has also affirmed the FSR of “A” (Excellent) …
A.M. Best Co. has placed the financial strength rating (FSR) of “A-” (Excellent) and the issuer credit ratings (ICR) of “a-” of Penn.-based Lincoln General Insurance Company and Barbados-based Kingsway Reinsurance Corporation (KRC) under review with negative implications. At the …
A.M. Best Co. has affirmed the financial strength rating (FSR) of “A-” (Excellent) and assigned issuer credit ratings (ICR) of “a-” to Employers Insurance Group and its two pooled property/casualty operating members, Employers Insurance Company of Nevada and Employers Compensation …
Chicago, Ill.-based Geo. F. Brown & Sons, Inc., a national MGA/Wholesaler, recently announced the debut of “Quote on Tap,” an online tool that reduces the quoting and binding process for their liquor liability product for new business. According to the …
U.S. Sen. Lamar Alexander is pressing the Bush administration to fully fund a compensation program for sick nuclear weapons workers and calling for Senate hearings on why claims have been delayed. “It has come to our attention that critical components …
GNY Insurance Companies has expanded its business operations in the Midwest. The company is currently adding staff to better handle the business growth that began when it started writing in the Midwest earlier this year, according to Warren Heck, GNY …
