Severe Weather Awareness Week in Georgia is Feb. 22-28, and Insurance Commissioner John Oxendine wants to remind homeowners of some important insurance tips to protect their property from tornadoes, flooding and other weather-related hazards. While tornadoes can occur at any …
ADP Claims Services Group, a provider of integrated business solutions for the property and casualty, collision repair and automotive recycling industries, announced Frontier Adjusters Inc., a national provider of independent adjustment and appraisal services, has chosen PenPro as its auto …
The Missouri limit on non-economic damages for medical malpractice awards has increased to $565,000, or by 1.4 percent from last year’s cap of $557,000 State law (Section 538.210) requires MDI to adjust the cap on non-economic damages annually, according to …
Oklahoma Insurance Commissioner Carroll Fisher pleaded innocent to four felony charges, including: failing to register his foundation as a charitable organization, failing to report donations and failing to keep receipts, as well as depositing into private accounts $40,000 in contributing …
Standard & Poor’s has lowered its counterparty credit and financial strength ratings on Centre Solutions (Bermuda) Ltd. and related operating companies (collectively referred to as Centre) to ‘A-‘ from ‘A+’. At the same time, Standard & Poor’s revised the CreditWatch …
A.M. Best Co. has affirmed the financial strength and debt ratings for most of the property/casualty and life/health affiliates of The Allstate Corporation. The rating outlook for Allstate Insurance Company and its core property/casualty affiliates remains positive. The outlook for …
As the signature lawsuit from Sept. 11, 2001, makes its way through the federal court system, there is no foreseeable impact on insurer ratings, according to Standard & Poor’s Ratings Services. “Under the worse-case scenario for the insurers, a verdict …
The issues driving the medical malpractice crisis will be among the topics addressed at the annual Ratemaking Seminar of the Casualty Actuarial Society (CAS), March 11-12, at the Wyndham Franklin Plaza Hotel in Philadelphia. The seminar provides a forum for …
Poway, Calif.-based claims administrator Professional Claims Services Inc. will be handling all claims for a new workers’ compensation program being sold in California by Cascade National Insurance Company of Seattle, Washington. As part of the coordinated effort to provide superior …
A.M. Best Co. affirmed the “A” (Excellent) financial strength rating of General Insurance Corporation of India (GIC) (Mumbai, India) and the “A” (Excellent) rating of New India Assurance Company Limited (New India) (Mumbai, India). The outlook for both companies is …