Wisconsin News

Best Upgrades/Affirms Ratings on Old Republic and Subs

A.M. Best Co. has upgraded the financial strength rating (FSR) to “A+” (Superior) from “A” (Excellent) and the ICR to “aa-” from “a” of Chicago-based Old Republic General Insurance Corporation (ORGENCO). Best has also affirmed the FSR of “A” (Excellent) …

CarInsurance.com Enters Mich. Auto Market

CarInsurance.com recently announced that it has expanded its auto insurance agency into Michigan, making it the 21st state where the on-line company does business. CarInsurance.com offers insurance products in all 50 states, Canada and the United Kingdom. CarInsurance.com said it …

Ratings Roundup: Jefferson; Southern Guaranty; Professionals Direct

A.M. Best Co. has assigned a financial strength rating of “A” (Excellent) and an issuer credit rating of “a+” to New York-based Jefferson Insurance Company. The outlook is stable, in line with that of the parent company, Elvia Reiseversicherungs-Gesellschaft AG, …

Former Wis. Agent Sentenced to 4 Years for Insurance Fraud

A former top agent for American Family Insurance has been sentenced to four years in prison on 104 criminal counts accusing her of establishing dozens of fraudulent insurance policies. Waukesha County Circuit Judge Kathryn Foster sentenced Nancy Paquette, 46, of …

Wis. Court: Adult Children Can Collect for Suffering in Wrongful Death Suits

Adult children whose parents die can collect damages for pain and suffering in wrongful death lawsuits, a state appeals court ruled last week (May 31). Madison-based American Family Insurance had argued that only minor children could recover damages for loss …

It Figures

$10 million A picture is worth a thousand words, but what about a smile? News reports say that the smile of actress America Ferrara, who plays the lead on the popular television show, “Ugly Betty,” is insured with Lloyds of …

People and Places

Chicago-based Aon Corp. reported that David P. Bolger, executive vice president, chief financial officer and chief administrative officer, will leave the company after the appointment of his successor. Bolger will remain with Aon while a search for his successor is …

Personal Lines Leaders

Agency Name 2006 Personal Personal Total 2006 Main Office Main Office Web site Lines Lines P/C Premiums City State Premium Revenue Written 1 Keystone Insurers Group $316.0 million $39.5 million $790.0 million Northumberland Pennsylvania www.keystoneinsgrp.com 2 The Leavitt Group $300.0 …

Unitrin Direct Enters Kentucky Auto Market

Unitrin Direct has been approved to sell auto insurance in Kentucky, making it the 23rd state where it does business. Unitrin Direct said it is offering discounts for Kentucky residents, including up to a $75 break for buying their car …

Wis. General Casualty, Unigard Purchase by QBE Insurance Finalized

The previously announced purchase of Wisconsin-based insurer General Casualty, its U.S. holding company, and sister company Unigard Insurance Group (Bellevue, Wash.) by Australia-based QBE Insurance Group was completed May 31st. QBE, based in Australia, announced completion of the $1.16 billion …