San Diego (September 7, 2007) — Insurance Journal proved it pays to belong to its new MyNewMarkets.com community as it aired a webcast of its drawing for a free 40″ Samsung high definition television last week. The winner, selected randomly …
Montana legislative analysts agreed that more money is needed to fight fires in Montana but called the state’s current system for funding wildfire suppression “convoluted” and raised concerns about some of Gov. Brian Schweitzer’s special session requests. The governor called …
Shares of First American Corp. dipped Wednesday after the seller of home title insurance said it would eliminate 1,300 full-time jobs and cut some executive perks to trim costs during the ongoing housing slump. Shares fell $1.15, or 2.7 percent, …
Federal legislation that encourages states to pool their catastrophe pool risks and then transfer them to the private market as been greeted with a lukewarm insurance industry reaction at best and outright opposition from the Bush Administration. The bill — …
Federal agents arrested and charged 11 New Jersey local public officials with taking bribes in exchange for giving public contracts to an insurance brokerage set up by investigators. The public corruption investigation — which progressed from southern to northern New …
The North Dakota state workers’ compensation agency, with delinquent premium accounts totaling about $1.3 million, now has the authority to publish a list of those accounts. A new state law allows the Workforce Safety and Insurance Agency to publish such …
Fitch Ratings has downgraded the long-term debt ratings of the Radian Group Inc. to ‘A-‘ from ‘A’ and the insurer financial strength (IFS) ratings of all Radian’s mortgage insurance subsidiaries to ‘AA-‘ from ‘AA’. Fitch also assigned a negative outlook …
A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and the issuer credit rating (ICR) of “a” of the UK’s Brit Insurance Limited (BIL) Best also affirmed the ICR of “bbb” of Brit Insurance Holdings PLC (BIH), …
Ohio investigators have charged the former chief investment officer for the state insurance fund for injured workers with failing to report gifts from a company doing business with the fund. The complaint filed with the Franklin County Municipal Court says …
FARA, based in Mandeville, La., announced the appointment of Todd Higley as vice president of sales and marketing. In this position, Higley is responsible for nationwide business development with an emphasis on self-insured funds, risk retention groups, and programs, as …