Liberty Mutual Group is adding to its operations in Spain by purchasing Royal & Sun Alliance’s property and casualty and life insurance operations in the country. The purchase will expand Liberty Mutual Group’s Spanish base, which began when its subsidiary …
A.M. Best Co. lowered the “A” (Excellent) financial strength rating of CNA Reinsurance Co. Ltd., London, to “A-” (Excellent) and placed it under review with negative implications. According to A.M. Best, this rating action reflects the sharp deterioration in operating …
AM-KO Inc., a janitorial company providing services for the City of Dallas, entered a plea of “no contest” to a third degree felony for defrauding the Texas Workers’ Compensation Insurance Fund (Texas Fund) in one of the state’s biggest cases …
Three Nolan County, Texas, farmers pleaded guilty in a Lubbock federal court July 12 to filing over $540,000 in fraudulent crop insurance claims with the federal government. According to the Lubbock Avalanche-Journal, the farmers, Keith Johnson, Michael John Massey and …
OneSource Information Services Inc. announced that The St. Paul Companies is implementing OneSource’s Business Browser product line to access and use critical financial information. The business browser provides information on both private and publicly traded companies with the aim of …
Dallas-based enterprise information systems provider, Docucorp International and Rackley Systems Inc., a provider of property and casualty insurance rating systems, announce the development of a compatible interface between Docucorp’s Policy Production System (PPS) and Rackley’s commercial lines rating system. According …
Young Agents from across the U.S. will gather in Hawaii for the Independent Insurance Agents of America’s 26th Annual Young Agents Leadership Conference October 26-28 in Honolulu. The venue is also the site for IIAA’s Hawaii InfoXchange October 27-30. According …
Great Southwest Brokerage of Dallas and Hallmark Human Resources have come together on a marketing agreement. Great Southwest Agency, an insurance agency with more than 4,000 sales agents across the Lone Star State, and HHR, a wholly owned subsidiary of …
The Texas Insurance Agency of San Antonio was named the Hartford Financial Services Group’s VIP Top Producer for personal insurance during 2000. Greg Stevens, vice president and CFO of Texas Insurance, accepted the award at The Hartford’s Conclave conference held …
Kemper Insurance Companies, Aquila Inc. and its wholly owned affiliate Aquila Re Ltd. have joined to market and underwrite products that protect buyers or sellers of electric power from unexpected spikes in the price of replacement power during unplanned generating …
