A.M. Best Co. has downgraded the financial strength rating to ‘B++’ (Good) from ‘A-‘ (Excellent) and issuer credit ratings to “bbb+” from “a-” of Georgia Farm Bureau Group and its members, Georgia Farm Bureau Mutual Insurance Company and Georgia Farm …
W. R. Berkley Corp. appointed Richard M. Baio to the newly created office of vice president – treasurer. He will manage the investment accounting and tax departments, global currency, banking relationships and all related treasury functions. Baio, 40, has over …
Phenix Mutual, Motorists Mutual Concord, New Hampshire-based Phenix Mutual Fire Insurance Co. announced that it will become an affiliate of The Motorists Insurance Group, upon approval by regulators in New Hampshire and Ohio, where Motorists is headquartered. Phenix, which operates …
QBE Regional Insurance recently added Charles Valinotti and Mike Bondura to its leadership team headquartered in Sun Prairie, Wis. Valinotti, senior vice president of Personal Lines, oversees personal property and casualty insurance offerings for QBE Regional’s four subsidiaries. His diverse …
The Independent Insurance Agents & Brokers (the Big “I”) has awarded Alex Soto with the Woodworth Memorial Award, the highest honor the association bestows on one of its members. Soto is president and CEO of InSource, Inc. in Miami and …
2007 State Obesity Rates State % Alabama 30.3 Alaska 27.5 Arizona 25.4 Arkansas 28.7 California 22.6 Colorado 18.7 Connecticut 21.2 Delaware 27.4 Washington DC 21.8 Florida 23.6 Georgia 28.2 Hawaii 21.4 Idaho 24.5 Illinois 24.9 Indiana 26.8 Iowa 26.9 Kansas …
Wells Fargo Insurance Services, North Coast Surety Wells Fargo Insurance Services Inc., part of Wells Fargo & Co., acquired the assets of North Coast Surety Insurance Services and North Coast Surety Technologies. Terms were not disclosed. North Coast Surety Insurance …
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. Livestock Mortality Insurance Market Detail: Chopra Insurance Brokerage Inc. offers an “all risks of mortality” …
Bailed-out insurance giant American International Group Inc. says it’s taking offers for Stowe Mountain Resort in Vermont. AIG spokesman Peter Tulupman confirmed that the resort went up for sale Wednesday but gave few other details. He said AIG, which is …
A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating of ‘B++’ (Good) and issuer credit rating of “bbb+” of Medical Mutual Insurance Company of Maine (MMIC). Best said the “revised outlook reflects …
