A.M. Best assigned an initial financial strength rating of “A- (Excellent)” to Arch Reinsurance Limited, the company established in Bermuda by Arch Capital Group and several private investment funds, and a similar rating to its affiliate Arch Reinsurance Company, in …
Esurance Inc., a San Francisco-based direct-to-consumer personal auto insurer and subsidiary of the White Mountain Insurance Group’s Folksamerica Holding Co., plans to begin selling auto insurance to customers in Texas. With the expansion, Esurance will have operations in 27 states. …
Residents of Nebraska and Iowa are going to have to dig deeper into their wallets as home insurance companies are increasing rates for most Nebraskans and Iowans. According to the Omaha World-Herald, damage from three years’ worth of severe hailstorms …
InsuranceNoodle announced it has begun selling insurance in Mississippi, Nevada, New Hampshire, North Dakota and Utah. With the addition of these five states, the e-broker is now licensed in 45 states and the District of Columbia and reaches 96 percent …
The mild dry weather which the East Coast has enjoyed for almost three and a half months has unfortunately caused a serious downside, as the lack of rainfall threatens to exacerbate drought conditions throughout the region. An investigation by Washington …
Tony Nicely, chairman, president and CEO of GEICO, was elected chairman of the National Association of Independent Insurers board of governors on Nov. 7 during the association’s annual meeting in New Orleans. Nicely began his career with GEICO in 1961 …
During a brief closing ceremony Sept. 25, at its Fargo headquarters, AAA North Dakota officially sealed its affiliation with The Auto Club Group. The 65,000-member statewide organization joined AAA Chicago Motor Club, AAA Michigan, AAA Nebraska and AAA Wisconsin to …
Two Midwest insurance agencies, one in Ohio and the other in Nebraska, joined the Strategic Independent Agents Alliance. Hertvik Insurance Agency Inc., of Middleburg Heights, Ohio, has established Mid American Insurance Network Inc.; and All American Insurance Inc. of Lincoln, …
The goal of more efficient state filing systems is becoming a reality. By the end of the year, the National Association of Insurance Commissioners (NAIC) anticipates that 41 states will be accepting product and rate filings for all lines of …
Acceptance Insurance Cos. Inc., an Omaha crop insurance company, noted it lost $888,000, or 6 cents per share, in the three months that ended June 30, bringing its loss for the year to $4.7 million, or 33 cents a share, …
