Fitch Ratings has affirmed the “A” insurer financial strength ratings of Max Re Ltd. and its Dublin-based subsidiaries, Max Re Europe Limited and Max Insurance Europe Limited. Fitch also affirmed the “A-” issuer default rating (IDR) of Max Re Capital …
Swiss Re announced that it has “grown its non-life [P/C] reinsurance portfolio by CHF 1.3 billion [$1.04 billion] or 14 percent, which reflects successful renewals of business acquired through the acquisition of Insurance Solutions combined with Swiss Re’s continued focus …
Global risk management provider GAB Robins announced that David Gamble has rejoined the company in the new position of Director of Northern Ireland Operations. He returns to GAB Robins after a period of seven years, and will assume responsibility for …
West Virginbia’s Marion County Prosecutor’s Office and the Office of the Insurance Commissioner’s Fraud Unit indicted Foster Glen Carnes of Marion County earlier this month on one felony count of filing a fraudulent insurance claim. Carnes, 28, of Morgantown, allegedly …
The Insurance Industry Charitable Foundation announced it will be hosting its third annual Club100 Dinner on Thursday, March 8, 2007, at the Getty Center Restaurant in Los Angeles. Attendees will enjoy networking opportunities over wine, hors d’oeuvres, dinner and a …
Seattle-based Safeco has announced it will be cutting rates for California homeowners in 2007 an average of 20 percent. The move is expected to affect some 200,000 Safeco home and business customers in California, according to the company. Additionally, the …
Parsippany, NJ: York Claims Service a subsidiary of York Insurance Services Group, Inc. (“York” or “the Company”), a leading insurance services provider, announced today its approval as a claims adjusting educator in four states: Florida, New Jersey, California, and Texas. …
Insurers are defending the factors they use in pricing auto insurance, including the occupation and education levels of insureds, arguing that the criteria have been actuarially tested for their ability to predict losses. When they are allowed to use what …
It became clear as workers dug through rubble and collected the dead: All 20 victims of the tornadoes that tore through central Florida last week had lived in mobile homes. Some are now urging the U.S. state to spend more …
Shelby County, Tennessee emergency planners must identify “pinch points” that are most vulnerable to earthquake damage, Mayor A C Wharton says. “The best safety tool we have is to be aware of what we can do to avoid harm and …