In the thousands of cases handled by insurers on a monthly basis, there are allegations in a distinct sub-set that the insurer improperly handled or adjusted the claim. The normal course for an allegedly wronged policyholder is to turn to …
A.M. Best Co. has assigned a financial strength rating of A- (Excellent) to Carraig Insurance Limited (Carraig) (Dublin, Ireland). The outlook is stable. The rating reflects Carraig’s excellent risk-adjusted capitalization and very good operating performance. Offsetting factors are the inherent …
A.M. Best Co. has affirmed the financial strength rating of A (Excellent) of Seattle-based Safeco Insurance Companies. Concurrently, A.M. Best has affirmed the “bbb+” and “bbb” ratings on Safeco Corporation’s existing senior debt and capital securities, respectively. Additionally, A.M. Best …
The Bay Area Chapter of the Sheet Metal & Air Conditioning Contractors’ National Association (SMACNA) and the Sheet Metal Workers International Association (SMWIA) Local 104 are jointly urging California Governor Arnold Schwarzenegger to make additional reductions in workers’ compensation premiums, …
State regulators and the insurance industry’s principal trade group have called for a reduction in Missouri workers’ compensation insurance rates, providing financial relief for the state’s business community, Gov. Bob Holden announced. The announcement follows an 18 percent reduction in …
Pillsbury & Levinson, LLP, a Northern California law firm representing policyholders in claims against insurance companies, is warning consumers that health, life and disability insurance policies purchased through an employer are subject to a federal law known as ERISA that …
As the holidays draw closer and closer, the Automobile Club of Southern California is offering tips to help shopping-mall-bound drivers avoid fender benders or injuries that could make them lose their holiday cheer. And if last year is any indication …
GAB Robins, one of the world’s claims services firms, announced the introduction of www.mygabr.com, a new Web portal that enables clients to electronically manage key aspects of their claim assignments from anywhere at any time. “With www.mygabr.com, the process of …
Mark Ashcraft, former manager of the State of California’s Department of Industrial Relations, Office of Self Insurance Plans (DIR-OSIP), recently joined Sacramento-based Bickmore Risk Services (BRS) as a consultant for workers’ compensation self-insurance plans. Ashcraft brings to BRS more than …
San Diego-based DriveCam Video Systems, a developer of fleet safety technology, has been awarded a five-year solicitation contract by the U.S. Marine Corps in the amount of $1.87 million for the purchase of DriveCam fleet safety products and services. Under …