Are you going to begin purchasing online insurance leads? Have you already been doing this for a while? If so, you need to realize one thing: online insurance leads are a great start, but unless you learn to close these …
A.M. Best Co. has affirmed the financial strength rating of ‘B+’ (Good) and issuer credit rating of “bbb-” of Jordan’s Arab Orient Insurance Company with a stable outlook. “The ratings reflect Arab Orient’s strong risk-adjusted capitalization, leading business position in …
Standard & Poor’s Ratings Services has assigned its ‘A’ junior subordinated debt rating to American International Group Inc.’s $5 billion of equity units. S&P also said it has “placed this rating on CreditWatch with negative implications because all other AIG …
Georgia Gov. Sonny Perdue signed a bill that will give automobile insurers the ability to establish rates without the consent of the state’s Insurance Commissioner. Perdue said he signed Senate Bill 276 because he believes the market should be allowed …
Insured losses from severe storms on April 17 that hammered areas west of Fort Worth, Texas, with softball size hail now exceed $200 million, the Insurance Council of Texas reported. An estimated 33,000 homeowner claims and 21,000 automobile claims have …
State and federal officials toured Picher, Okla., which was ravaged by a tornado on May 10, and essentially drilled the final nail into its coffin. Any financial aid sent to the 800-person community, they said, will only help people relocate, …
State officials say the Federal Emergency Management Agency will provide nearly $5 million to rebuild the school in the town of Northwood after a tornado last August. The announcement came from the state’s congressional delegation and Gov. John Hoeven. Officials …
Wildfires that have gutted at least 40 homes along Florida’s Atlantic coast are believed to have been started by arsonists, but they got help from two classic Florida factors: rampant development and a year-round growing season. Experts said the fires …
A Mason City soybean company is suing its insurance carrier for not covering damage to a shipment that became infected with Indian meal moths in 2005. Midwestern Soybeans International Inc. filed lawsuit this month in Cerro Gordo County District Court. …
A jury in Vermont has awarded $8.7 million in damages to a former altar boy who sued the Roman Catholic Diocese of Burlington over sexual abuse he says he suffered at the hands of a priest. The man, now a …