A.M. Best Co. has downgraded the financial strength rating to B+ (Good) from B++ (Good) and issuer credit rating to “bbb-” from “bbb” of Upland Mutual Insurance Inc. (Upland) (Junction City, KS). The outlook for both ratings is stable. Best …
November 22 2010 – The National Association of Professional Surplus Lines Organizations (NAPSLO), the American Association of Managing General Agents (AAMGA), and The Council of Insurance Agents & Brokers (The Council), released a joint letter on November 16, urging state …
A.M. Best Co. has affirmed the financial strength ratings (FSR) and issuer credit ratings (ICR) of the property/casualty and life/health insurance subsidiaries of Assurant, Inc. Best also affirmed the ICR of “bbb” and debt ratings of Assurant. The outlook for …
Attorney General Tom Miller and ten other state attorneys general, have obtained judgments against the owners of a former Missouri company, barring them from ever again selling auto service contracts or engaging in telemarketing in Iowa and the other states. …
$2.4 Billion American International Group, Inc. (AIG) reported a net loss of $2.4 billion for the third quarter of 2010, compared to net income of $455 million in the third quarter last year. The loss was attributable to restructuring and …
Republicans made big gains across the United States – and the Midwest was no exception – in the November 2 midterm elections. Across the country, GOP gains gave the party its largest number of seats in state legislatures since the …
Ohio Mutual, Casco Indemnity Ohio Mutual Insurance Group (OMIG) agreed to acquire N.E. Corp. and its wholly-owned subsidiary Casco Indemnity Co., a property and casualty insurer located in Saco, Maine. The transaction is expected to be completed by the end …
Republicans were not only victorious in the U.S. House but also in state houses across the country. The new GOP power will give the party its largest number of seats in state legislatures since the Great Depression, according to the …
America First Insurance, a Liberty Mutual Agency Corporation regional company, announced it was recently recognized by the Arkansas Workers’ Compensation Commission (AWCC) for its superior claims handling and injury reporting for this line of business. The AWCC annually grades insurance …
Minnesota can claim this touchdown record. It leads all others in the number of tornadoes that have swept through the state this year. The National Weather Service says 104 tornadoes touched down in Minnesota in 2010, shattering the old record …
