March 15, 2010
Online crime complaints increased substantially once again last year, with the number of fraud complaints jumping 22.3 percent and total losses linked to online fraud reaching almost $560 million. That’s according to the Internet Crime Complaint Center, a partnership between …
March 15, 2010
The National Alliance for Insurance Education & Research has announced the addition of four new members to the 2010 Academy Board of Directors. The new chairman is Randy Dumm, Ph.D., Florida State University, in Tallahassee. The following are beginning their …
March 12, 2010
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of American Modern Insurance Group of Amelia, Ohio and its property/casualty members. The outlook for all ratings is stable. Best …
March 12, 2010
Professor Randy Dumm, Ph.D., of Florida State University, in Tallahassee, Fla., has been named the new chairman of the board for Austin, Texas-based The National Alliance for Insurance Education & Research. The National Alliance also named four new board members: …
March 11, 2010
Richfield, Ohio-based National Interstate Insurance Company reports it experienced significant expansion in its Alternative Risk Transfer (ART) component in 2009. The company added 114 companies to its group captive programs, bringing the total to 384 companies at year end. During …
March 10, 2010
Internal pressure was mounting for months ahead of the February firings of the staff of an agency charged with protecting the well-being of Ohio’s insurance fund for injured workers. Public records obtained by The Associated Press reveal frustration among the …
March 10, 2010
Ohio Casualty, a Liberty Mutual Agency Markets regional company, has introduced its comprehensive online Agent Learning Center for its appointed agencies. Ohio Casualty appointed agents can now register for classroom workshops and participate in virtual or self-paced online programs, many …
March 10, 2010
National Contractors Insurance Company, Inc., a Risk Retention Group (“NCIC”), A.M. Best Rated B+ (Good), is expanding from 25 to 35 states, with their Commercial General Liability coverage now being made available in Alabama, Connecticut, Indiana, Iowa, Kansas, Ohio, Mississippi, …
March 8, 2010
A Michigan school district accused of not doing enough to prevent the harassment of a student has been ordered to pay $800,000. Hudson Area Schools, in Lenawee County near the Ohio border, was sued by the parents of a young …
March 8, 2010
Phoenix-based Mountain West Agency Services Inc., a wholly owned subsidiary of SCF Premier Insurance Co., named Donald L. Kasper general manager and Jim McErlean as marketing specialist. Kasper has worked in the insurance industry since 1971, and has a proven …