Fitch Ratings upgraded the senior debt ratings of ACE Limited and its subsidiary ACE INA Holdings Inc. to “A” from “A-” and the issuer default ratings (IDR) of ACE and ACE INA to “A+” from “A”, as well as their …
Flooding that has killed at least nine people and forced some 200,000 from their homes in the Indonesian capital showed no sign of abating Sunday, as overflowing rivers sent muddy water gushing into homes and shops across the city. [Later …
The UK’s Liverpool Victoria Friendly Society announced that it has entered into a conditional agreement to acquire Britannia Rescue from the Civil Service Motoring Association (CSMA), subject to the approval of its members and from regulatory authorities. Liverpool Victoria summarized …
Most insurance industry analysts predict slower P/C premium growth for 2007, according to an Insurance Information Institute’s annual survey of Wall Street stock analysts and industry professionals released each year on Feb. 2, Groundhog Day. This year’s survey results indicate …
North Hollywood, CA – QuotesAuction.com has further enhanced its commitment to help insurance agents succeed by financing their main expenditure – cost of leads. With QuotesAuction.com, insurance agents no longer have to prepay for insurance leads or commit to a …
The Missoula County, Mont., Fair Commission voted unanimously to suspend horse racing this year, citing inadequate insurance coverage for jockeys. Commissioners said the issue this year is different from last year, when insurance costs doubled and they struggled with ways …
The members of the Surplus Line Association of California (SLA) unanimously elected Ceil Norton as their Chairman during the SLA Annual meeting held Jan. 23 in San Francisco and Jan. 25 in Beverly Hills, Calif. Norton is the branch manager …
Gov. Charlie Crist declared a state of emergency in four Florida counties in response to overnight tornadoes and severe weather in Central Florida. Sumter, Lake, Volusia and Seminole Counties re under the governor’s declaration. Florida’s Chief Financial Officer Alex Sink …
The California Department of Insurance has introduced a new Internet service for insurance agencies to add or remove insurance agents from their records. This new service streamlines the process for agencies to add or delete agents who may sell insurance, …
Hurricane Katrina and the New Orleans Flood was a wakeup call to the nation on the vulnerability of the nation’s levee systems. So after completing its notification of levee owners, the U.S. Army Corps of Engineers has released the locations …