Donald A. Friedman has been named president of the Professional Liability Agents Network (PLAN). PLAN is a national nonprofit organization of insurance agencies specializing in risk management and loss prevention programs for architects, engineers and environmental consultants. Friedman was formally …
The Connecticut-based AMS Group announced that it has acquired Rackley Systems, Inc., a leading provider of Commercial Lines and Personal Lines rating products and services to the independent agent, insurance carrier and MGA markets. “The addition of Rackley to our …
Standard & Poor’s Ratings Services announced that it has lowered its counterparty credit and financial strength ratings on Cooperativa de Seguros Multiples de Puerto Rico to ‘A-‘ from ‘A’ and removed them from CreditWatch with a stable outlook. S&P noted …
Jeff McLaughlin, a producer with Dallas-based McLaughlin Brunson Insurance Agency, was recently named the recipient of the Matt Wells Producer Development Scholarship. The scholarship—established by Insurance Journal publisher Mark Wells in honor of his son, Matt—provides McLaughlin with the tuition …
Acordia Inc., a subsidiary of Wells Fargo & Company, announced acquired Wisenberg Insurance + Risk Management, a privately held insurance and risk management firm in Houston, Texas. The acquisition closed September 1, 2003. Terms of the transaction were not disclosed. …
Hurricane Fabian is still a class 4 storm, even though its maximum sustained winds have lessened somewhat to 135 mph (215 kph), according to the National Hurricane Center. In Southeast Asia another powerful storm, typhoon Dujuan, narrowly missed passing directly …
A powerful hurricane with the somewhat unlikely name of “Fabian” is currently roiling the waters of the mid-Atlantic. The storm, located about 335 miles (540 kms) east-northeast of Barbuda in the Northern Leeward Islands, poses no immediate danger to any …
Deerfield, Ill.-based LewisCo Group, a provider of specialized resources for the management of disability, absence and productivity for insurers and employers, today announced it has acquired the majority interest in Disability Management Alternatives (DMA), based in Farmington, Conn. DMA’s co-founders, …
The National Alliance for Insurance Education & Research announced the selection of the state winners of the 2003 Outstanding CSR of the Year Award. The award originated in 1991 to recognize the contributions of outstanding customer service representatives within the …
Standard & Poor’s Ratings Services announced that it has placed its ‘A’ counterparty credit and financial strength ratings on Cooperativa de Seguros Multiples of Puerto Rico (Cooperativa) on CreditWatch with negative implications and Royal & SunAlliance Insurance (Puerto Rico) Inc. …
