A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of ‘B+’ (Good) and issuer credit rating of “bbb-” of Wisconsin-based Partners Mutual Insurance Company. Best said the negative outlook reflects “Partners’ trend …
Violent storms that tore through the southern Plains on May 10 killed five people and injured dozens more, leaving behind flattened homes, toppled semitrailers and downed power lines. Several tornadoes were reported in Oklahoma and Kansas as the storms moved …
A Midwest regional business conditions index slipped last month but still suggests a growing economy in the months ahead. A report on the Midwest Business Conditions survey of supply managers and business leaders in a nine-state region was released May …
Travelers recognized 20 personal lines agents with its Agent of the Year award. Winners were picked for their community work, as well as high achievements in their lines of business. They are : Georgiana Carney, Pearl Carroll & Associates, Latham, …
Cincinnati, Ohio-based American Empire Surplus Lines Insurance Co. (AESLIC) has named Frederick J. Woebse president and chief operating officer. He succeeds Robert Nelson, who was named chairman and chief executive officer, until the time of Nelson’s retirement in July 2010. …
Regional property/casualty insurance company, The Republic Group, based in Dallas, announced that Jim Drawert, vice president – Industry Relations, will retire June 30. Prior to joining Republic in 2003, Drawert was president of Trinity Universal and chairman and CEO of …
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. Insurance for Nonprofits Market Detail: Alliance of Nonprofits for Insurance, Risk Retention Group (ANI-RRG) insures …
Wholesale insurance broker Westrope announced that Edward T. Havermann III has joined its Kansas City, Mo., headquarters as a broker in Westrope’s national transportation practice. Havermann began his career with Intercargo Insurance Company and then handled transportation accounts for a …
The federal government wants to save taxpayers billions of dollars by reducing spending on crop insurance after years of big profits by insurers, but the industry claims the reductions could hurt rural areas. The U.S. Department of Agriculture is negotiating …
IMA Inc., an independently owned retail insurance broker, announced that Susan Johnson has joined the Wichita, Kan., office as commercial lines claims manager. Her responsibilities at IMA include managing the commercial lines claims department and acting as a liaison between …
