May 15, 2007
Mitchell, Williams, Selig, Gates & Woodyard P.L.L.C., a law firm with offices in Little Rock and Rogers, Ark., announced it has expanded into Texas with the opening of a third office in Austin. Bill Bingham, former Deputy Commissioner for Regulatory …
May 15, 2007
Texas Mutual Insurance Company will return a $1,156,031 dividend to the Texas Construction Association (TCA) purchasing group, the workers’ comp insurer announced. The dividend was based largely on the group’s growth and favorable loss ratio. Texas Mutual Insurance Company has …
May 15, 2007
A jury recently awarded about $315,000 to a woman whose fall during a service led to a falling-out with her former church and pastor. Judith Dadd, 52, of Lansing, accused Mount Hope Church of negligence and its pastor, David R. …
May 15, 2007
Construction of new high-rise developments on vulnerable barrier islands will continue to exacerbate Florida’s property insurance crisis, according to Robert Hartwig, Ph.D., president and chief economist of the Insurance Information Institute, a national organization devoted to improving public understanding of …
May 15, 2007
EMC Insurance Cos. said it expects to see losses of up to $21 million from storms last weekend, including devastating tornadoes that killed at least 11 people in Kansas. Des Moines-based EMC insures several businesses and homes in Greensburg, Kan., …
May 15, 2007
The parent company of ACE INA Holdings Inc., a Pennsylvania insurance company, will pay a record $9 million to settle allegations of bid-rigging and market collusion, according to Acting Pennsylvania Insurance Commissioner Randy Rohrbaugh. The payment includes a $6 million …
May 15, 2007
The 2007 Acura MDX luxury SUV plus the 2008 Ford Taurus and twin Mercury Sable large family cars earn the Insurance Institute for Highway Safety’s To Safety Pick award. Vehicles earning this designation afford “superior overall crash protection” among the …
May 15, 2007
Standard & Poor’s Ratings Services has raised its Lloyd’s Syndicate Assessment (LSA) on Advent Underwriting – Syndicate 0780 to “2” from “2-” with a positive outlook. “The upgrade reflects the improvements made to the syndicate’s underwriting controls, and the reunderwriting …
May 15, 2007
A.M. Best Co. has placed the financial strength rating (FSR) of “A-” (Excellent) and the issuer credit ratings (ICR) of “a-” of France’s SCOR Group and its rated subsidiaries under review with negative implications, along with all of its debt …
May 15, 2007
AIR Worldwide Corporation announced that Dr. Milan Simic has been appointed managing director of AIR Worldwide Ltd., the Group’s London office. He will be responsible for managing strategic operations in London, including overseeing the client services, software services and business …