A.M. Best Co. has placed the financial strength ratings (FSR) of “A-” (Excellent) and issuer credit ratings (ICR) “a-” of New York-based National Financial Group and its members, as well as its sister company, National Life Insurance Company of San …
Bermuda-based Flagstone Reinsurance Holdings Limited had a rough second quarter of 2007 with net earnings down by 53 percent to $14.694 million, compared to $26.905 million in the second quarter of 2006. The Company’s combined ratio for the period rose …
The number of people who died on the nation’s roads fell last year, leading to the lowest highway fatality rate ever recorded and the largest drop in total deaths in 15 years, U.S. Transportation Secretary Mary E. Peters announced today. …
Gerber Products Co. recalled all packages of its organic rice and organic oatmeal cereals Friday because of potential clumping of the baby food, which can pose a choking hazard. Gerber said it has received complaints of choking but no reports …
A.M. Best Co. has affirmed the financial strength rating of “A” (Excellent) and has assigned an issuer credit rating (ICR) of “a” to MAPFRE PRAICO Group of Puerto Rico. Best also affirmed the FSR of “A” (Excellent) and the ICRs …
A former Lawrence resident who allegedly played a key role in auto insurance scams pleaded not guilty this week to charges of insurance fraud and filing a false Registry of Motor Vehicle document, prosecutors said. Luis Perez was extradited from …
Travelers Commercial Accounts introduced a suite of coverages designed for mid-sized commercial printers who typically generate more than $15 million in sales. The new product is the latest addition to IndustryEdge, Travelers industry-focused suite of products sold within Commercial Accounts. …
Dallas-based KMC Insurance Services promoted Warren Lee to vice president of its commercial lines department. Lee focuses on large commercial accounts, specializing in the home building, roofing, real estate development, and oil and gas industries. Lee has been the recipient …
Dallas-based KMC Insurance Services promoted Warren Lee to vice president of its commercial lines department. Lee focuses on large commercial accounts, specializing in the home building, roofing, real estate development, and oil and gas industries. Lee has been the recipient …
Top 20 Bank Holding Companies in Insurance Brokerage Fee Income (2006/Nationally) Brokerage Fee Bank Income Holding Company Name City, State Web site 1 $1.7 billion Citigroup Inc. New York, N.Y. www.citigroup.com 2 $1.1 billion Wells Fargo & Co. San Francisco, …
