A.M. Best Co. has upgraded the financial strength rating (FSR) to “A+” (Superior) from “A” (Excellent) and the ICR to “aa-” from “a” of Chicago-based Old Republic General Insurance Corporation (ORGENCO). Best has also affirmed the FSR of “A” (Excellent) …
Jeffrey Burke has joined Encompass Insurance Co. as the regional sales director the company’s West Central Region, headquartered in Englewood, Colo. The region includes the states of Colorado, Iowa, Kansas, Missouri, Montana, Nebraska, North Dakota, South Dakota and Wyoming. Burke …
Flooding caused by hurricanes and tropical storms can wreak havoc along the Eastern Seaboard and Gulf Coast from June through November. However, that flood risk is not limited to summer and fall months alone, nor to just the East Coast …
Agents Guide: What resources are available to better serve clients Flooding caused by hurricanes and tropical storms can wreak havoc along the Eastern Seaboard and Gulf Coast from June through November. However, that flood risk is not limited to summer …
Unlike Florida’s Capitol in Tallahassee, where lawmakers have taken a number of actions to address the state’s insurance crisis with arguable results, solutions at the federal level have been hard to come by. Not long after Hurricane Andrew smashed through …
A.M. Best Co. has upgraded the financial strength ratings (FSR) to “B+” (Good) from “B” (Fair) and assigned issuer credit ratings (ICR) of “bbb-” to American Federated Insurance Company (AFIC) and American Federated Life Insurance Company (AFLIC) The outlook for …
S.D. Appeals Court overturns $27 million insurance verdict A former insurance agent awarded more than $27 million, one of the largest jury verdicts ever in South Dakota, is entitled to nothing a federal appeals court ruled, reversing an earlier decision. …
1 Brickstreet Mutual Insurance Co. WV 765,963 2 Texas Mutual Insurance Co. TX 743,095 3 Old American Cty Mutual Fire Insurance Co. TX 491,641 4 SAIF Corp. OR 449,794 5 Universal Property & Casualty Insurance FL 371,755 6 Physicians Reciprocal …
A former insurance agent awarded more than $27 million, one of the largest jury verdicts ever in South Dakota, is entitled to nothing a federal appeals court ruled, reversing an earlier decision. The three-judge decision from the 8th U.S. Circuit …
The Nebraska Department of Insurance and UnitedHealthcare have settled complaints about the company’s past claims process, with the company agreeing to pay the largest fine ever imposed by the department, $650,000. The settlement was announced this week by state Insurance …
