Standard & Poor’s Ratings Services announced that it has affirmed its ‘AA’ counterparty credit and insurer financial strength ratings on IAG New Zealand Ltd. with a stable outlook. “The rating affirmation takes into account the merger and integration of New …
Moody’s Investors Service has downgraded the insurance financial strength ratings of members of the Kemper Insurance Cos. inter-company pool “Caa3” from “B3.” In the same action, Moody’s downgraded the ratings of surplus notes issued by Lumbermens Mutual Casualty Co., the …
The Independent Insurance Agents of San Antonio announced it will hold a continuing education seminar, “Non-Profit Directors & Officers Liability” in conjunction with Victor O. Schinnerer & Company on July 31. The course will be held at the San Antonio …
A.M. Best has completed its evaluation of Los Angeles-based Topa Insurance Company and affirmed a rating of “A-” (Excellent) with a stable outlook. The rating is based on the consolidation of Topa Insurance Company and its wholly-owned, separately rated subsidiary, …
David McNutt, senior vice president of claims for Cincinnati-based American Modern Insurance Group, has been named chairman of the Claims Committee of the National Association of Independent Insurers (NAII). “David’s many years of experience as a claims professional make him …
A.M. Best Co. has affirmed the financial strength rating of A+ (Superior) of ING Canada (Toronto). The group, which operates under a pooling arrangement, consists of Belair Insurance Company Inc., ING Insurance Company of Canada, ING Novex Insurance Company of …
The Independent Insurance Agents of San Antonio announced it will hold a continuing education seminar, “Non-Profit Directors & Officers Liability” in conjunction with Victor O. Schinnerer & Company on July 31. The course will be held at the San Antonio …
A.M. Best Co. has placed the financial strength rating of A (Excellent) of the members of GE Financial/P&C (Fort Washington, Pa.) under review with developing implications. The action follows the June 25, announcement that General Electric Company’s (GE) GE Insurance …
Disaster Kleenup International, Inc., a provider of quality, independent property damage restoration contractors, announced that member company C&B Services of Port Neches, Tex. raised $7,800 for the American Red Cross Beaumont Chapter. The donation is a result of the first …
Workers Compensation Fund (WCF) will recognize 11 companies for their outstanding safety practices during a luncheon Friday, June 27, at 12 p.m. at the City Center Marriott Hotel. Each year, WCF recognizes those companies who have made a significant commitment …