Farmers across North Carolina are now eligible for low-interest emergency loans from the federal government to help them recover from sizable crop losses sustained in the state’s ongoing drought, Gov. Mike Easley said Friday. The U.S. Department of Agriculture has …
Insurance Skills Center has developed a unique new product to assist in evaluating the knowledge of your sales and service staff as well as potential new hires: The Insurance Examinator. This product is an excellent tool to evaluate production and …
Calabasa, Calif.-based Countrywide Financial Corp. has announced plans to address changing market conditions, largely due to the subprime mortgage meltdown. As part of the plan, the company said it would be reducing its workforce by a total of 10,000 to …
A.M. Best Co. has affirmed the Best’s Syndicate Rating of “A” (Excellent) and issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 2010. Best also upgraded the ICR to “bbb+” from “bbb” on Cathedral Capital Holdings Limited, the non-operating intermediate …
A.M. Best Co. has upgraded the financial strength ratings (FSR) to “A” (Excellent) from “A-” (Excellent) and issuer credit ratings (ICR) to “a” from “a-” of Bristol West Casualty Insurance Company, Bristol West Insurance Company, Coast National Insurance Company and …
Hawaii Chief Deputy Insurance Commissioner Gordon Ito has filed for the immediate suspension and a notice to revoke the producer license of Mark K. Teruya for misrepresentation, deceptive acts and fraud. Teruya is currently the president of Senior Resources of …
San Francisco Bay Area leaders have announced plans to develop a system that will allow the region’s public agencies to communicate with each other when an earthquake or other major disaster strikes. Oakland Mayor Ron Dellums, San Francisco Mayor Gavin …
The Catholic Diocese of Santa Rosa has agreed to pay more than $5 million to settle a sex abuse lawsuit involving fugitive priest Xavier Ochoa and 10 alleged victims, lawyers and the diocese said. The diocese will pay the plaintiffs …
Southern California Risk Management Associates (SCRMA) has added property and casualty claims administration to its suite of workers’ compensation and managed care services. SCRMA now offers an array of property and casualty claims services including automobile and general liability, employment …
Mattel Inc. CEO Robert Eckert pledged Wednesday to work to improve toy safety, and insisted that the company acted responsibly in recalling millions of Chinese-made toys because they contained lead paint or small magnets. Seeking to tamp down public outrage …