Hartford, Conn.-based Specialty Risk Services, a property-casualty third party administrator for workers’ compensation and liability claims, announces the appointment of Jeffrey Steck as director, New Business Development, for the Midwest. Based in Pittsburgh, Steck has 15 years experience in the …
Speaking up has its rewards. Just ask Debbie Wentowrth. Wentworth of Buxton, who works at Maine Employers’ Mutual Insurance Co. (MEMIC), won the National Association of Insurance Women’s Communicate with Confidence Speak-Off last week at the national finals in Orlando, …
As a telephone installer, aircraft maintenance worker and now a self-employed massage therapist, Stacie Schultz has never let illness stop her from earning a living. “I don’t get sick. That’s not who I am,” said Schultz, 52, of Gastonia. “I …
Insurance claims from the April tornadoes in Tennessee have climbed to $452 million, and some homeowners and business owners say their efforts to rebuild are being slowed by settlement delays and swamped contractors. Tornadoes and severe storms April 2 and …
A.M. Best Co. has downgraded the financial strength rating to “B-” (Fair) from “B+” (Very Good) of New Zealand-based Tasman Pacific Insurance Limited. The rating remains under review with negative implications. “The rating action reflects the deterioration in the company’s …
A.M. Best Co. has affirmed the financial strength ratings (FSR) of several of AXA Canada Inc.’s property/casualty insurance subsidiaries, as follows: the FSR of “A” (Excellent) of AXA Assurances Inc. (Montreal, Quebec) and its wholly owned subsidiary, AXA Assurances Agricoles …
Standard & Poor’s Ratings Services reacted quickly to the announcement that AXA and Credit Suisse have reached an agreement to sell Winterthur, the Swiss bank’s insurance division to the French insurer for CHF 12.3 billion (around $10 billion – €7.9 …
This time around the AXA Group and Credit Suisse lost no time in coming to an agreement to sell Winterthur, the Swiss bank’s insurance division, to the French insurer for CHF 12.3 billion (around $10 billion – €7.9 billion). The …
Connecticut motor vehicle inspectors took more than 50 truck drivers off the road and discovered more than 1,700 violations during a three-day crackdown last week on Connecticut roads, officials said. Inspectors from the state departments of Public Safety and Motor …
After Tropical Storm Alberto moved inland this afternoon south of Tallahassee, Fla., with 50 mph winds and heavy rain it moved across Florida and is now buffeting southeastern Georgia with heavy rain. According to the National Hurricane Center in Miami, …