A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and downgraded the issuer credit ratings (ICR) to “aa-” from “aa” of American Family Life Assurance Company of Columbus (Aflac) and American Family Life Assurance Company of …
Scottsdale, Ariz.-based Helmer Risk Management LLC has been renamed Hemer. According to president and CEO Scott A. Helmer, “We decided to drop ‘risk management’ from the company name and add the ‘insurance broker/risk advisor’ tagline to define clearly the services …
ACE Limited expects to issue its year-end, fourth quarter earnings release and financial supplement after the market closes today, Tuesday, February 3, 2009. A copy of these documents will be available promptly following such issuance in the Investor Information section …
Bermuda-based PartnerRe will release its 2008 fourth quarter and full year results after the market close today, Monday, February 2, 2009. PartnerRe senior management will conduct a dial-in conference call, which will include a question and answer period, on Tuesday, …
Louisiana was the only state in the country with an increase in nonfarm jobs from November to December 2008, the Louisiana Workforce Commission (LWC) announced. According to the U.S. Bureau of Labor Statistics, Louisiana gained 3,700 nonfarm jobs over the …
Aon Corp. has appointed Mike Szot and George Dale managing directors of Aon’s Construction Services Group’s residential practice in Los Angeles. These senior-level additions have been made in response to the challenging housing market to provide clients with broking and …
The Democratic-led U.S. Congress Tuesday gave final approval to what may be the first bill signed into law by President Barack Obama — a measure to reverse a 2007 U.S. Supreme Court decision that made it tougher to sue for …
Backcountry adventurers increase their chances of being killed in snowslides when they overestimate their own abilities, said avalanche experts meeting in central Idaho. At a public forum, the experts also said the danger increases when skiers, snowboarders and snowmobilers succumb …
The Travelers Companies, Inc. reported net income of $801 million for the quarter ended Dec. 31, 2008, compared to $1.063 billion, for the quarter ended Dec. 31, 2007. Operating income in the current quarter was $939 million compared to $1.057 …
Global chemical giant Ineos Phenol, stung by a $192 million jury verdict, has denied stealing a hazardous waste recycling idea from a Mobile chemist and said it would appeal a judge’s order upholding the award. Mobile County Circuit Judge Robert …
