May 26, 2010
A.M. Best Co. has upgraded the issuer credit rating (ICR) to “a+” from “a” and affirmed the financial strength rating of ‘A’ (Excellent) of United Educators Insurance, a Vermont-based Reciprocal Risk Retention Group (UE), with stable outlooks. The ratings reflect …
May 20, 2010
Deputy Commissioner Mike Bertrand will be appointed insurance commissioner in Vermont, after Paulette Thabault resigned from that position earlier this week. Gov. Jim Douglas said Thabault will take a position with CVS Caremark MinuteClinic. Bertrand, who currently serves as deputy …
May 19, 2010
A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating (FSR) of’ B+’ (Good) and issuer credit rating (ICR) of “bbb-” of Vermont-based Evergreen USA, Risk Retention Group, Inc. Best also affirmed the …
May 17, 2010
Agency Employs Objective Data on Producers’ Skills Paired with Individualized Sales Training In the current economy, the pressure is really on. It’s not enough to just sell the product – you want your sales people to be best equipped to …
May 17, 2010
W.R. Berkley, Verus Underwriting Connecticut-based insurer W. R. Berkley Corp has launched Richmond, Virginia-based Verus Underwriting Managers, a subsidiary that will provide property and casualty excess and surplus lines coverage and underwrite on behalf of W. R. Berkley Corp. Dale …
May 17, 2010
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. Allied Health and Medical Pros Market Detail: CRES Insurance Services MedSurance A&M is an insurance …
May 11, 2010
New Jersey Insurance Commissioner Tom Considine praised new, bipartisan legislation that would grow the reinsurance market and create a captive insurance market in the Garden State. The captive insurance bill was put forward in the Assembly by Democrat Gary Schaer, …
May 10, 2010
Vermont lawmakers appear poised to pass a bill cracking down on misclassification of workers by employers looking to avoid paying workers’ compensation premiums and unemployment insurance tax. Backers of the measure — which has been agreed to in a legislative …
May 6, 2010
Vermont lawmakers want to put an S-T-O-P to drivers who text. Under a deal reached Tuesday between lawmakers, texting by drivers of any age will be banned, starting this summer. And the bill that says so goes a step further …
May 5, 2010
A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings of “a” of United Fire & Casualty Group (UFCG) and its five P/C members, which …