Jordan News

18 holes of tips and trivia to get a hole-in-one with prospects and clients

Avid golfers and reluctant duffers alike spend hours each year on the golf course, entertaining prospects and clients. Are you making the most of all that time? Before your next round — whether for league or club play, relaxation, or …

Middle East Insurance Report from R&M

Dublin-based Research and Markets announced the addition of “Opportunities in Middle East Insurance Market” to their offering. The report is designed to “help clients to analyze the leading-edge opportunities critical to the success of the insurance industry in the region,” …

Study Says Alabama Tied for Second in Most Uninsured Motorists

A national study suggests Alabama’s mandatory auto insurance law has had little effect on the number of uninsured driver on state roads since the Legislature enacted it in 1999. The Insurance Research Council, a nonprofit study group funded by insurance …

Gallagher (UK), MAP Launch Israeli War & Terrorism Coverage

Arthur J. Gallagher (UK) Limited in conjunction with MAP, a specialist insurer at Lloyd’s, has launched an insurance facility for terrorism liability. The new product aims to provide coverage for tourist and study programs in Israel and neighboring countries. Gallagher …

Hurricane Exit Plans for Alabama’s Elderly, Sick Upgraded

Some of the people whose lives are at stake during a hurricane are lying helpless in nursing homes and hospitals on the Alabama coast, where emergency computer and phone networks have been enhanced to help them when a storm threatens …

Recent Ratings Recap: Arab Orient; Strike Club

A.M. Best Co. has affirmed the financial strength rating of “B+” (Good) and the issuer credit rating of “bbb-” of Jordan’s Arab Orient Insurance Company with a stable outlook. The ratings reflect the company’s improved risk-adjusted capitalization, leading business position …

NetRate Systems, Inc. Joins AAIS

OKEMOS, MI – NetRate Systems, Inc. (Okemos, MI) has completed membership requirements for partnering with the American Association of Insurance Services (AAIS) of Wheaton, IL. NetRate, a leading supplier of Commercial and Personal Lines Rating Systems, utilizes AAIS data in …

Recent Ratings Recaps – IGI Jordan

Standard & Poor’s Ratings Services sees no ratings affect for Jordanian insurer International General Insurance Co. Ltd. Jordan (IGI Jordan) rated “BBB” with a positive outlook. S&P’s comment addressed the the recent announcement that the Bermuda Monetary Authority has approved …

Thieves in Montreal Targeting Cars from U.S.

Like many northern New Englanders, Burlington, Vermont contractor Greg Giro likes to make an occasional trip to take in some big-city life in Montreal. But increasingly, they are being targeted by car thieves, say Canadian authorities and a U.S. insurance …

People and Places

Boston-based Risk Specialists Cos. Inc., a member company of American International Group Inc., has appointed David A. Jordan as chief operating officer. Jordan will continue as a senior vice president of Lexington Insurance Co. In this newly-created position at Risk …