Panama News

have to be destroyed, howmany more lives have to be

City have the same protections as the people in Miami who have stronger building codes in place?” Legislative Update Stronger building codes called for in Florida Panhandle Residents in Florida’s Panhandle will be vulnerable to hurricanes until lawmakers stand up …

Stronger Building Codes Called for in Florida Panhandle

Residents in Florida’s Panhandle will remain vulnerable to the destructive forces of hurricanes until lawmakers stand up to irresponsible special interests that have worked to keep much of Northwest Florida exempt from the statewide building code, according to the Property …

Disaster Kleenup Appoints Panama City, Fla. Response Team

Disaster Response Team, based in Panama City, Fla. will be the southeast representative of Disaster Kleenup International Inc. a Bensenville, Ill.-based independent property damage restoration contractor. DKI has a 24-hour call center and used DIAMOND claims tracking technology to enhance …

Best Affirms Panama’s Compania Internacional ‘B++’ Rating

A.M. Best Co. announced that it has affirmed the financial strength rating of “B++” (Very Good) of Panama’s Compania Internacional de Seguros, S.A. with a stable outlook. “The rating reflects CIS solid capitalization, historically favorable operating profitability and its well …

Pan-American Life Names Wilder Sr. VP

New Orleans-based Pan-American Life has announced the appointment of Charles Wilder as senior vice president for Product Management and Distribution Finance. Prior to joining the company full-time, Wilder had served as a consultant since April of 2005, working to improve …

Gen. Colin Powell to Address 2006 Big ‘I’ Convention

Gen. Colin Powell, USA (Ret.), will be the keynote speaker at the 2006 Big “I” National Legislative Conference & Convention. Gen. Powell is scheduled to speak April 28, 2006 at the event’s closing general session. His speech will focus on …

Best Affirms Panama’s Aseguradora Mundial Financial Rating

A.M. Best Co. announced that it has affirmed the financial strength rating of “A-” (Excellent) of Aseguradora Mundial, S.A. (Panama City, Panama) with a stable outlook. “The rating reflects Mundial’s strong capital position, historically favorable operating profitability and its excellent …

Best Affirms Financial Rating for ASSA Compania de Seguros, S.A.

A.M. Best Co. has affirmed the financial strength rating of A (Excellent) of ASSA Compania de Seguros, S.A. (ASSA) (Panama City, Panama). The rating outlook is stable. The rating reflects ASSA’s solid capitalization, historically favorable operating profitability and well established …

OneBeacon Closes Sale of National Farmers Union to QBE

OneBeacon Insurance Group in Boston has completed the sale of National Farmers Union Property and Casualty Company subsidiary to QBE Insurance Group as planned for approximately $142 million. The transaction included NFU’s wholly owned United Security Insurance Company subsidiary. OneBeacon …

S. Floridians Viewed Hurricane Katrina as an Expensive Nuisance

Insurance adjusters scrambled to South Florida to work on claims before they realized Hurricane Katrina was going to cross into the Gulf of Mexico and become a catastrophic hurricane devastating Mississippi and Louisiana. Katrina slapped Dade and Broward counties with …