David Farmer, senior vice president of federal affairs for the Alliance of American Insurers, issued the following letter to the...
Monthly Archives: October 2002
SAFECO reported continued earnings growth as third-quarter net income increased to $75.2 million, or $0.59 per diluted share. Income before...
Fitch Ratings has placed all ratings of The Chubb Corporation (Chubb) on Rating Watch-Negative. The ratings include the ‘AA+’ insurer...
A.M. Best Co. has affirmed the financial strength ratings of A+ (Superior) for the Mercury Casualty Group (Los Angeles). Also,...
Lincoln National Corporation of Philadelphia, parent company of the Lincoln Financial Group, announced plans to increase reserves related to reinsurance...
The New Jersey Hospital Association is pressing legislators to approve legislation to alleviate the state’s medical malpractice liability crisis. Two...
Fitch Ratings has lowered its long-term and senior debt ratings on The St. Paul Companies, Inc. (SPC) to ‘BBB+’ from...
The Florida Department of Insurance ordered Roy Gutierrez, of State No-Fault Insurance Agency in Kissimmee, to stop selling insurance without...
Insurance Management Solutions Group Inc. (INMG.OB), a St. Petersburg, Fla.-based provider of business process outsourcing solutions serving insurance companies and...
Austin, Texas-based Combined Agents of America LLC (CAA) announced two of its member agencies, Bigham-Kliewer-Chapman-Watts and Crockett Insurance Services, were...