On Feb. 12, 2004, the Lancaster, Neb., County District Court entered an order for the liquidation of The Protective National Insurance Company of Omaha, a Nebraska-domiciled insurer based in Omaha. The liquidation order is based on a finding by Insurance …
A.M. Best Co. announced that it has affirmed the financial strength rating of “A” (Excellent) of the GE Frankona Group’s reinsurance subsidiaries, and has revised its outlook to negative from stable. “The rating is based on the explicit financial support …
A.M. Best Co. announced that it has affirmed the financial strength rating of “A” (Excellent) of Zurich Specialties London Limited (ZSL); has removed the rating from under review with negative implications, and has assigned a stable outlook. “The rating reflects …
The Ohio Medical Malpractice Commission will hold a special meeting Friday, March 5, to finalize its interim report to the Ohio General Assembly. The commission is required to submit a final report of its findings to the General Assembly on …
Ohio-based Ceres Group, Inc. reported net operating income of $4.1 million ($0.12 per share), excluding $0.4 million ($0.01 per share) from net realized investment gains for the fourth quarter ended Dec. 31, 2003. This compares to net operating income of …
New Jersey Banking and Insurance Commissioner Holly Bakke announced this week that the competitive auto insurance marketplace that is emerging in New Jersey reportedly as a result of Governor McGreevey’s reforms is once again yielding positive results for consumers and …
AAHP-HIAA President and CEO Karen Ignagni responded to the report issued Wednesday by the General Accounting Office (GAO) on the increase in unlicensed entities selling bogus health insurance: “AAHP-HIAA commends the GAO and Senator Grassley for shining a spotlight on …
A Connecticut Senate bill that would reportedly prohibit insurers from excluding mold damage from their coverages would make residential property insurance coverage less available and more expensive in the state, according to an industry trade association. S.B. 417, An Act …
Having had zero consumer complaints upheld by state insurance regulators in 2003, Atlantic Mutual has earned the top spot on New York State’s annual ranking of insurance companies that provide auto insurance. Each year, the New York Insurance Department receives …
As the insurance industry, the nursing home industry, trial lawyers, and more look to find common ground in the saga of Florida nursing homes, the thought that the situation will eventually find the right answers does appear on the horizon. …