Indiana Insurance, a Liberty Mutual Agency Markets regional company, appointed Jessica M. Frankovich as Inland Marine underwriting manager. Frankovich will be based in Indiana Insurance’s Illinois regional office and will manage and grow the company’s Inland Marine book of business. …
F5 Tornado damage in Parkersburg, Iowa, May 25, 2008. Tornado damage, Windsor, Colo. Prior to 1990, the average number of tornadoes per year in the Continental US was 772. In the period from 1990 through 2007, the average was 1,215. …
The Chubb Corp. has made four executives appointments: John J. Degnan has been named vice chairman and chief operating officer. Degnan, a former attorney general of New Jersey who joined Chubb nearly 18 years ago, was previously vice chairman and …
New Markets The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Builders Risk and Affiliated Exposures Market Detail: Atlantic Risk Specialists (www.arspecialists.com) brings builders …
Standard & Poor’s Ratings Services has assigned its ‘A-‘ long-term counterparty credit and insurer financial strength ratings to Catlin Speciality Insurance Co. (CSCI) and Catlin Insurance Co. Inc. (CICI) (together Catlin US). The two companies “are expected to represent the …
A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating (ICR) of “a-” of SALAMA Islamic Arab Insurance Company (P.S.C.), which is based in the United Arab Emirates. The outlook for both ratings …
A coastal South Carolina congressman is seeking to allow an undeveloped section of Kiawah Island beachfront to qualify for federal money for roads, flood insurance and renourishment, making it more attractive for development. U.S. Rep. Henry Brown introduced a bill …
A.M. Best Co. assigned a financial strength rating of A- (Excellent) and issuer credit ratings of “a-” to The PURE Group of Insurance Companies and its members: Privilege Underwriters Reciprocal Exchange and PURE Insurance Company. All companies are domiciled in …
A wildfire that has burned more than 62 square miles of eastern North Carolina forests and fields is nearly extinguished and firefighters are wrapping up operations, a spokesman said Aug. 5. Fire managers have sent scores of people back to …
Grange Insurance recently added Michelle Benz as president of the Grange Life Insurance Company. She replaces Tom Welch, previous president of Grange Life who was promoted to chief financial officer of Grange Insurance in April. Welch had been leading Grange …
