March 19, 2010
Medicus Insurance Co. has created an endorsement that gives insureds coverage for unintentional network security, billing, regulatory and privacy violations. The new endorsement is called Medicus Advantage Gold. The Medicus Advantage Gold endorsement has been added to all Medicus policies …
March 19, 2010
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of American Physicians Group and its primary member, American Physicians Assurance Corporation, the lead subsidiary of American Physicians Capital Inc. …
March 19, 2010
As the U.S. Congress once again rallies to pass healthcare reform legislation, momentum is growing in many states to pass laws to block the changes — a move that could lead to a legal battle over states’ sovereignty. Bills and …
March 18, 2010
Arthur J. Gallagher & Co. has acquired Winn & Company Insurance Brokers Inc. in Hollister, Calif. Terms of the transaction were not disclosed. Established in 1910, Winn & Company is a retail insurance broker offering risk management, commercial property/casualty, benefits …
March 17, 2010
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Farmers Insurance Group and its members. Best also affirmed the debt ratings on the outstanding surplus notes of Farmers …
March 17, 2010
The Mississippi River is starting its spring climb with forecasters predicting a rise of more than a foot a day beginning at midweek. The result could be another year of flooding in the Vicksburg area. “Right now, we’re looking at …
March 16, 2010
Workplace wellness programs aren’t just for large corporations. Mechanical Devices Co. in Bloomington and the Town of Normal are among central Illinois medium-size businesses that have developed wellness programs suited to their employees and are reaping the dividends of healthier, …
March 15, 2010
Online crime complaints increased substantially once again last year, with the number of fraud complaints jumping 22.3 percent and total losses linked to online fraud reaching almost $560 million. That’s according to the Internet Crime Complaint Center, a partnership between …
March 12, 2010
Having flood insurance will be increasingly important this year as spring rain combines in many parts of the U.S. with the melting of record snowfall, according to the Insurance Information Institute. “Many states on the Atlantic seaboard were hit with …
March 12, 2010
A.M. Best Co. upgraded the financial strength rating to A- (Excellent) from B++ (Good) and issuer credit rating to “a-” from “bbb+” of American Freedom Insurance Company of Arlington Heights, Ill. The outlook for both ratings has been revised to …