The “Api” FSR on General Casualty of Wisconsin was affirmed by S&P. The rating action also applies to the company’s related pool members: Regent Ins. Co.; General Casualty of Illinois; Hoosier Ins. Co.; Winterthur International American Ins. Co.; and Winterthur …
Watsonville, Calif.-based West Marine Inc. reported that net sales for the four weeks ended April 28, 2001 were $51.1 million, a 4.9 percent increase from net sales of $48.7 million for the same period a year ago. Comparable store net …
ACE International, the global operations arm of Bermuda’s ACE Ltd., announced plans to open a new regional headquarters in Sao Paulo, Brazil, headed by Acacio Queiroz, to serve the company’s Latin American clients. The new office, which is expected to …
Spain’s Santander BanCorp (SBC) announced that its Puerto Rican subsidiary, Banco Santander Puerto Rico, has launched Santander Insurance Agency, ” which plans to offer life, health and disability insurance as a corporate agent and will operate as a general agent.” …
A fugitive San Jose, Calif., couple ended up in a Puerto Rican detention center Aug. 9 following their capture at a hideaway on the Caribbean island of St. Lucia. The couple disappeared nearly seven months ago after allegedly defrauding 700 …
A fugitive San Jose, Calif. couple who disappeared nearly seven months ago after allegedly defrauding 700 insurance customers of $10.3 million, are in a Puerto Rican detention center today following their capture at a hideaway on the Caribbean island of …
Three weeks of intensive insurance study culminated in the graduation of the first 42 participants of The National Alliance School for Producer Development last month. The campus of Florida State University in Tallahassee, Fla., was home to the students from …
S&P affirmed the “BBpi” financial strength ratings on several stock companies, all members of the ULLICO Group (a mid-sized insurance group, ultimately owned by the privately held stock company, ULLICO Inc.). Ulico Casualty Co., domiciled in Delaware, is licensed in …
Cover-All Technologies Inc., a provider of software solutions for the p/c industry, announced it licensed its Classic EXPRESSion rating and issuance system to three new customers in Puerto Rico, including Ace Insurance Co. Ace Insurance Co. is the San Juan-based …
Zurich Re, a subsidiary of the Anglo-Swiss group Zurich Financial Services, has received clearance to offer reinsurance coverage and related services in Puerto Rico. Business in the U.S. Commonwealth will be handled by Zurich Re’s Mexican office.
