Standard & Poor’s Ratings Services affirmed its ‘A’ counterparty credit and financial strength ratings on Medical Protective Co. (MedPro), a subsidiary of GE Insurance Solutions Corp. (formerly known as GE Global Insurance Holdings) that is rated on a stand-alone basis. …
Alabama Gov. Bob Riley on Sunday said Alabama’s recovery efforts continue to make great progress in delivering water, ice and other assistance to victims of Hurricane Ivan. Riley also encouraged residents to follow up on all insurance matters so they …
The Texas Association of Counties Workers’ Compensation Self-Insurance Fund’s Board of Trustees has voted to approve The JI Companies, an Austin-based risk management and employee benefits company, to serve as the new claims services partner for TAC’s workers’ comp program. …
The head of the U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) announced that President Bush has ordered federal disaster aid to help families and businesses in eastern Ohio recover from the remnants of Hurricanes Frances and Ivan. …
Missouri Department of Insurance Director Scott Lakin, as liquidator for General American Mutual Holding Co. (GAMHC), has filed a lawsuit in St. Louis City Circuit Court alleging Morgan Stanley & Co. investment banking firm had conflicts of interest that damaged …
Initial estimated insured losses from Hurricane Ivan range from about $2 billion to about $10 billion, according to catastrophe modelers Eqecat, Inc. The estimated range of insured losses takes into account Category 3 Ivan’s landfall on Sept. 16 between Mobile, …
Tropical Storm Jeanne has left more than 100 people reported dead from floods caused by heavy rains, as it passed along the Haitian coast. Although by recent standards Jeanne was a relatively weak storm, it was nonetheless deadly. The BBC …
The Insurance Bureau of Canada will be hosting its 4th annual Regulatory Affairs Symposium on Thursday, November 4, 2004 from 8:45 a.m. to 1:30 p.m. (luncheon included) at the Toronto Sheraton Centre Hotel. An IBC bulletin said the conference will …
New Jersey Attorney General Peter Harvey announced that the former President of the New Jersey Association of Acupuncturists and a Union County resident has been assessed a $10,000 civil penalty after pleading guilty to over billing insurance companies for patient …
The head of the U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) announced that President Bush has declared a major disaster for Pennsylvania, opening the way for the use of federal disaster funds to help people recover from …