April 28, 2008
QuotesAuction.com, a leader in the insurance leads industry, is now offering live transfer insurance leads to agents and brokers in all 50 states. North Hollywood, CA – April 28, 2008 — QuotesAuction.com, an insurance industry lead, has announced plans to …
April 28, 2008
Newark, Calif.-based Risk Management Solutions announced that John Stroughair has been hired to head the RiskMarkets group of RMS Consulting. In that capacity, he will be responsible for all capital markets activities, including risk analysis of catastrophe bonds for use …
April 25, 2008
A.M. Best Co. has affirmed the financial strength rating of ‘B’ (Fair) and issuer credit rating of “bb+” of Greenville Casualty Insurance Company, and has revised the outlook to positive from stable. “The rating affirmations reflect Greenville’s premium volatility, historically …
April 25, 2008
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 1225 (United Kingdom), which is managed by AEGIS Managing Agency Ltd (AEGIS UK). The outlook for both ratings …
April 25, 2008
A new A.M. Best Co. research report – “Bermuda – 2007 Financial Review” – featured in BestWeek U.S./Canada, finds that “three years removed from unprecedented hurricane losses, the Bermudian insurance market is bouncing back with a fury. “The market posted …
April 25, 2008
West Virginia-based International Coal Group says its first-quarter loss widened nearly 42 percent due to lagging production and other problems. ICG said Wednesday it lost $11.5 million, or 8 cents per share, in the first three months of 2008. ICG …
April 25, 2008
New Jersey insurers who use education and employment to rate drivers for risk are justified in doing so and the practice does not amount to racism or classism, according to a new, 581-page report released by Garden State insurance regulators. …
April 25, 2008
As the wildfire season winds down in Tennessee, officials say it has been much less active than last year’s. Forestry Division assistant district forester Nathan Waters said by the week ending April 19, about 9,000 acres had burned statewide. By …
April 25, 2008
An energy company has agreed to pay residents of a polluted waterfront neighborhood in Rhode Island and to clean up the massive contamination that turned the soil under their homes blue, lawyers for the neighbors said, though the company said …
April 25, 2008
U.S. medical liability insurers anticipate their primary rate levels to decrease in 2008, compared with 2007, while the average frequency and severity of claims sustained by their firms will remain about the same as last year, according to a survey …