A.M. Best Co. announced that it has affirmed the financial strength rating of “A-“(Excellent) of the insurance and reinsurance operating subsidiaries of the Alea Group (Bermuda). The rating applies to Alea London Limited, Alea (Bermuda) Ltd. Alea Europe Ltd. Alea …
A.M. Best Co. has issued a comment on the financial strength rating of “A” (Excellent) of Endurance Specialty Insurance Ltd. and its affiliated companies, indicating that it “remains unaffected following the announced capital management initiatives” of its Bermuda-based parent company, …
New Jersey’s insurance fraud prosecutor has issued a clarification of an insurance fraud indictment announced last week and published by Insurance Journal. On May 20, the New Jersey Division of Criminal Justice in the Office of Insurance Fraud Prosecutor announced …
Redwood City, Calif.-based ABD Insurance & Financial Services, a provider of global risk management and employee benefits solutions, has announced significant enhancements to its online customer service center, CyberSure®, delivered in partnership with Riskclick, the leader in collaborative Web services …
The Texas Workers’ Compensation Commission has scheduled a public hearing for June 16, 2004. The Commission will take testimony on amended rules that were proposed at the April 15, 2004 public meeting. The proposed rules were published in the Texas …
One in four privately held companies has been sued by an employee or former employee in the past few years, according to a survey sponsored by the Chubb Group of Insurance Companies (www.chubb.com). Executives at as many as half the …
In a survey of property, casualty, life and annuities professionals, 39 percent of respondents indicated that increasing productivity is their first priority in improving business processes, while 33 percent cited the need to reduce costs. Xerox Corporation’s Global Services division …
North Carolina-based MJM Investigations, an international private investigation firm providing innovative investigative solutions to the insurance industry, announced a new strategic partnership with Milne and Associates, an Australian private investigation firm, conducting surveillance and factual investigations for various Government agencies, …
Independent agents from throughout the state of Kentucky will converge in Bowling Green from June 17-19, for what will be the 108th Annual Convention of the Independent Insurance Agents of Kentucky (IIAK). Featured at this year’s convention will be Maker’s …
The American Institute of Marine Underwriters (AIMU) has revised the association’s Cargo Clauses for the first time since 1966. AIMU chairman David French said the revisions would make the forms more consistent with modern usage. The revisions were approved by …
