A.M. Best Co. has affirmed the financial strength ratings of “A++” (Superior) of the General Re Group. The rating applies to General Reinsurance Corporation (Delaware) and its core property/casualty and life reinsurance and insurance subsidiaries operating both in the United …
The 2005 Ford Escape improved its performance in new crash tests by the insurance industry and earned the second-highest rating, according to results released Sunday. The Insurance Institute for Highway Safety released results for four vehicles. The 2004 models of …
Chevy Chase, Md.-based Schinnerer recently released the Surveyor’s Terms and Conditions Review Guide, a publication to help surveyors review their contracts for potential risk. The guide points out potentially troublesome sections found in typical contracts and offers sample provisions. Topics …
As of July 1, 2004, Maine resident insurance producers, consultants, and adjusters will be taking their licensing examinations through a new testing provider. The Bureau of Insurance has awarded a three year testing contract to Experior Assessments, LLC (“Experior”). Experior …
Leaders in the Massachusetts Legislature are mulling changes in the law governing medical malpractice lawsuits that would reduce the amount of money people harmed by malpractice will receive when they successfully sue, a legislative source said. A House-Senate conference committee, …
Eustis Insurance & Benefits, one of the largest independent privately held insurance brokers in the Gulf States Region, announced an expansion of its Houston office with the addition of Brian Specht joining the firm as President of Eustis Insurance Texas. …
A.M. Best Co. announced that it has affirmed the financial strength ratings of “A” (Excellent) of Employers Re Corp Group and Westport Insurance Corporation of Jefferson City, Mo. The bulletin noted that the affiliates comprising the group are: Kansas-based Employers …
Converium Ltd., the Swiss-based reinsurer, announced the successful private placement of $ 100 million of floating rate notes issued by Helix 04 Limited, a Bermuda special purpose exempted company. The notes have been priced at LIBOR* plus 5.40 percent with …
New Jersey Attorney General Peter Harvey announced that a Burlington County husband and wife have been sentenced to jail and restitution respectively for over billing the Medicaid Program more than $22,000 for services related to transporting Medicaid patients by their …
He once had a reputation as a master of deceit, as portrayed in the 2002 motion picture hit, “Catch Me If You Can.” Now, Frank Abagnale Jr. is equally adept—if not more so—in his endeavors to put a stop to …