Insurance Services Office, Inc. (ISO) has promoted Kevin Thompson to senior vice president of its Insurance Services unit responsible for producing ISO’s core information products — advisory loss costs, manual rules and policy forms — for personal and commercial lines …
The Illinois CPA Society’s 2003 Reinsurance Conference, a half-day event being held on April 23 at the Illinois Department of Insurance in Chicago, will address best practices and current issues arising in the reinsurance market. Participants can gain the latest …
Standard & Poor’s Ratings Services has affirmed its ‘A+’ long-term counterparty credit and insurer financial strength ratings on Le Mans Re with a “stable” outlook, following a review of the French-based reinsurer. “The ratings reflect Le Mans Re’s strong business …
A former Iowa insurance agent was arrested by the Polk County Attorney’s Office and charged with five counts of felony. The County alleges that Roland L. Huff Jr. of Urbandale engaged in a criminal enterprise by taking money with the …
Standard & Poor’s Ratings Services has affirmed its “BBB+” counterparty credit rating on Ill.-based Horace Mann Educator Corp. based on its strong financial position and the extremely strong consolidated capital structure of its operating subsidiaries. Standard & Poor’s also said …
The Georgia House of Representatives approved a bill Monday that would permit insurers to use credit-based insurance scores in underwriting and rating homeowners and auto insurance coverage, according to the American Insurance Association (AIA). The bill will now be referred …
California-based ABD Insurance and Financial Services, a provider of global risk management and employee benefits solutions, announced a series of executive level changes. Dan Francis has been appointed to the newly created position of president, Property & Casualty. He will …
A bill being heard Tuesday by the Rhode Island House Judiciary Committee is reportedly an attempt by the trial bar to restrict the use of confidentiality and settlement agreements in certain legal actions. If passed, it will only clog the …
An asbestos litigation reform bill supported by the Alliance of American Insurers (AAI) and a broad coalition of businesses and insurers passed the Texas Senate State Affairs Committee late yesterday. The bill, SB 496, will “raise the bar for the …
New Jersey’s Acting Attorney General Peter Harvey announced that an Atlantic County man pleaded guilty to attempted theft for reportedly falsely claiming his car was damaged on Sept. 11, 2001. According to Harvey, Harold Davis pleaded guilty before Judge Robert …