Motorists would be forbidden to send text messages while behind the wheel under proposals awaiting legislative action in Kentucky early next year. Two lawmakers have filed bills that would add Kentucky to a growing list of states — 18 so …
A.M. Best Co. has assigned a financial strength rating of ‘A-‘ (Excellent) and an issuer credit rating of “a-” to Illinois-based Independent Mutual Fire Insurance Company, both with stable outlooks. “The ratings reflect Independent Mutual Fire’s modest underwriting leverage, recognized …
Lombard, Ill.-based insurance services firm, Norman-Spencer International Inc., and the National Roofing Contractors Association (NRCA) are partnering to provide professional errors and omissions (E&O) insurance coverage for roofing consultants and roofing contractors. The roofing consultant can find traditional architects and …
Property/casualty insurance companies report that the number of claims suspected of possible fraud has jumped 13 percent for the first half of this year compared to last year’s first six months. A review of suspicious insurance claims referred to the …
The nation’s insurance regulators are looking into the role that credit rating agencies play in the insurance regulatory system. The National Association of Insurance Commissioners (NAIC) said it will hold a public hearing on Sept. 24 to discuss the past …
CNA Financial Corp. named Bob Lindemann as president and chief operating officer of CNA’s Commercial Lines operations. In this role, Lindemann will be responsible for CNA’s $3.5 billion commercial property/casualty business, which is now comprised of Business Insurance, serving smaller …
Colorado Casualty, a Liberty Mutual Agency Markets regional company headquartered in Centennial, Colo., has appointed Brent Irving to regional vice president for the company’s Arizona territory, which includes Nevada and New Mexico. Prior to this appointment, Irving was vice president …
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. Waste Operations Program Market Detail: Five Star Specialty Programs’ waste operations program offers a comprehensive …
Data breaches have hit an all time high and with that have been a dramatic increase in new data security and privacy laws and regulations. Both state and federal regulations have been in place for several years with regards to …
Results Based on Insurers’ Growth June 30, 2009, versus June 30, 2008 As I write this article, the unemployment rate in the United States was reported to be 9.4 percent as of the end of July. Gross Domestic Product (GDP) …
