A.M. Best Co. has removed the ratings of Germany’s HDI Haftpflichtverband der Deutschen Industrie and those of its main subsidiaries from under review with negative implications and affirmed the ratings. Best has also removed from under review with developing implications …
A.M. Best Co. has affirmed the financial strength rating (FSR) of “A” (Excellent) and the issuer credit rating (ICR) of “a” of Germany’s Hannover Rueckversicherung AG (Hannover Re) and its rated subsidiaries [See also related articles]. Best also affirmed the …
A.M. Best Co. has affirmed the financial strength rating of “A-” (Excellent) of International Insurance Company of Hannover Limited (Inter Hannover), the U.K.-based subsidiary of Germany’s Hannover Re. Best also assigned Inter Hannover an issuer credit rating of “a-” and …
ACE Bermuda has appointed Anup Seth as Managing Director of ACE European Markets. He will assume responsibility for the general day-to-day management of ACE’s Dublin-based operation, which was established in 1997 to “provide low-frequency, high-severity excess capacity to European and …
Like insurance commissioners in other states, Arkansas Insurance Commissioner Julie Benafield Bowman, is keeping an eye on catastrophe issues and the availability of insurance related to them. Unlike commissioners in Arkansas’ neighboring states of Texas and Louisiana, however, her concern …
San Diego, CA – Arrowhead General Insurance Agency, Inc.’s Professional Liability Division offers fast and easy online quotes on Arrowhead Exchange for their Accountants Errors & Omissions program. Their target market is small to medium private accounting firms (1 to …
Workers compensation insurers have filed to reduce rates in Florida an average 13.3 percent statewide next year. Florida Insurance Commissioner Kevin McCarty said the cut, if approved, would produce a savings of over $400 million for Florida employers. If approved, …
A year after Hurricane Katrina struck the Gulf Coast, Mississippi has begun to distribute grant checks to homeowners to help them rebuild property that was damaged by the huge storm. As of Monday, the state had paid out 40 grants …
The number of Massachusetts residents without health insurance dropped 19 percent in the past two years, according to a survey released this week by the state’s Division of Health Care Finance and Policy. The survey, taken every two years, found …
Swollen and limp, Trudy Roy’s left arm hangs dead at her side. With its nerves shredded beyond repair, the limb is little but a source of pain for the 68-year-old former librarian, a constant numbness and ache, like the feeling …
