The House Financial Services Committee subcommittee has been revised for the newly minted panel, which will have broad sway across the financial sector. The committee was formed earlier this month by adding the securities and insurance jurisdictions once held by …
The House Financial Services Committee subcommittee has been revised for the newly minted panel, which will have broad sway across the financial sector. The committee was formed earlier this month by adding the securities and insurance jurisdictions once held by …
Esurance Inc., a national quote-to-claims Internet-based provider of personal insurance, has expanded its auto insurance business to 26 states with the addition of Nebraska and Utah. Esurance now offers auto insurance policies through its online service to more than 72.5 …
Community First Bankshares, has acquired insurance agencies in Wyoming and Minnesota through its affiliate, Community First Insurance Agencies, Inc. The acquisition of Barnard Insurance Agency, with offices in Casper and Douglas, marks the company’s entrance into Wyoming. In addition, Community …
InsuranceNoodle recently received its license to sell insurance in Alaska, said Rick Madock, InsuranceNoodle chairman and co-founder. The online insurance e-broker for small businesses is now licensed to provide its products and services in 31 states and the District of …
In hopes that a larger policyholder base and larger economic foundation will facilitate expansion, Lincoln Mutual Holding Co. and WFR Mutual Insurance Holding Co. will merge to form one company called Lincoln Insurance Group Inc. The deal between the Lincoln, …
InsuranceNoodle has added New York to its roster of states in which it is licensed to do business. InsuranceNoodle, an online insurance e-broker for small businesses, is now licensed to provide its products, services, and expertise in 30 states and …
The “A++” rating of the National Indemnity Insurance Group, a wholly owned subsidiary of Berkshire Hathaway Inc., was affirmed by A.M. Best. The group writes “super cat” coverage, which includes a $1-billion layer for the California Earthquake Authority. The rating …
A “Bpi” FSR was assigned to Phoenix Indemnity Insurance Co. by S&P. Included among rating factors was the company’s membership in Millers American Group Inc. as well as Phoenix Indemnity’s weak operating performance, potential interest rate risk and geographic concentration, …
On Aug. 28, 2000, the financial strength rating of Amwest Group was downgraded from “A-” (Excellent) to “B” (Fair) by A.M. Best Co. The downgrade, applicable to Amwest Surety Insurance Company and its wholly owned subsidiary, Far West Insurance Group, …
