December 21, 2007
A former top official in Missouri Gov. Matt Blunt’s administration is one of three finalists for a spot on the state appeals court. An appellate nominating commission on Monday selected Rod Chapel Jr., Zel Fischer and Alok Ahuja as the …
December 21, 2007
In disciplinary actions taken by Texas Commissioner of Workers’ Compensation Albert Betts in October and November 2007, the Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) assessed administrative penalties totaling $77,800 for violations of the Texas Workers’ Compensation Act. …
December 21, 2007
A.M. Best Co. has assigned a financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” to Rockhill Insurance Group of Phoenix, Ariz. and its four members, who comprise a newly created pool led by Rockhill …
December 18, 2007
Kansas City-based wholesale insurance brokerage firm Westrope recently announced that it had promoted Brad Moss to vice president – Property Division. Brenda Ballard, executive vice president in charge of the Property Department said that Moss will continue to focus efforts …
December 17, 2007
A.M. Best Co. has downgraded the financial strength rating to ‘B’ (Fair) from ‘B++’ (Good) and issuer credit rating to “bb” from “bbb” of Business Alliance Insurance Company (BAIC) of San Bruno, Calif. Best also removed the ratings from under …
December 14, 2007
Kansas City, Mo.-based. Westrope has announced that it has selected California-based Risk Management Solutions (RMS) to provide catastrophe risk assessment capabilities through RMS Wholesale Broker RiskBrowser. RMS is a provider of products and services for the quantification and management of …
December 13, 2007
The lights are going back on slowly in Oklahoma after a massive ice storm, the insured losses from which could reach $35 million, an insurance industry trade group said. “Insurance claims from ice damage are often slow in coming in …
December 12, 2007
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit rating (ICR) of “a+” of Zurich Insurance Company (ZIC), the main operating company of Swiss-based Zurich Financial Services Group (ZFS) and its subsidiaries. …
December 11, 2007
An ice storm slickened roads and sidewalks, grounded hundreds of flights, and cut power to tens of thousands Sunday in a swath from the Southern Plains to the Great Lakes as even colder weather threatened. The wintry weather was expected …
December 5, 2007
Members of the National Association of Insurance Commissioners (NAIC) elected 2008 officers during their meeting in Houston.. The newly elected officers will assume their duties following the completion of the NAIC Winter National Meeting. * President: Kansas Insurance Commissioner Sandy …