A.M. Best Co. has placed under review with developing implications the financial strength rating of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of Valiant Insurance Company and Valiant Specialty Insurance Company, both domiciled in Wilmington, Del., following the …
The Michigan Supreme Court has ruled that the Granholm Administration exceeded its authority when it banned the use of credit scoring by insurance companies in the state. The decision means insurers in Michigan can continue to use credit scoring in …
For independent insurance agents, upcoming healthcare reform could be an opportunity to gain a bigger share of the health insurance and benefits market, provided they can properly advise their customers about their options, according to experts. Insurance Journal is partnering …
A group of New York insurance agents has launched a new trade group for Latin insurance producers as well as brokers who serve the Hispanic community in the Northeast. LABA is not the first group geared toward insurance agents with …
A.I.M Mutual Insurance Companies, a workers compensation insurer based in Burlington, Massachusetts, has promoted Paul M. Kehoe to controller. Kehoe will be responsible for all financial accounting and reporting functions. Kehoe joined A.I.M. Mutual in January, 2005, as accounting manager. …
The median six-month auto insurance rate in Michigan has increased approximately 5.4 percent over the last six months to reach $688, according to online insurance provider InsWeb. InsWeb also reported some findings of Michigan median auto insurance rates segmented by …
It’s a Twister? “It was a noise I never heard before… Everything was pitch black and going in a circle down the road.” —Edward Beardsley of Bridgeport, Connecticut, where a rare tornado tore through the city, ripping off roofs, knocking …
Judge: Endorsement Must Be Requested by Insured Liberty Mutual was right to deny workers’ comp benefits for a self-employed carpenter who severely injured his hand, the Massachusetts Appeals Court has ruled. The decision upholds an earlier ruling by an administrative …
Alteris, Insurent Alteris Inc., a provider for the managing general agency community, has partnered with Insurent Agency Corp. to offer an insurance program focused exclusively on guaranteeing residential leases. Established in 2008, the Insurent Lease Guaranty Program offers financial guarantees …
