Standard & Poor’s Ratings Services announced that it has assigned its “A-” long-term counterparty credit and insurer financial strength ratings to China-based Sompo Japan Insurance (China) Co. Ltd., a wholly owned subsidiary of Sompo Japan Insurance Inc. (rated – ‘AA-/Stable/–‘), …
The river Danube, which wends its way through much of Central and Southeastern Europe, has reached its highest level since 1895 in many places. Flooding in Serbia/Montenegro, Bulgaria and Romania has inundated towns, villages and farmland, forcing thousands from their …
California State Compensation Insurance Fund policyholders can learn how to use ergonomics to create a safer workplace at a free workshop at the organization’s Oakland District Office on April 18-19. Ergonomics, “the science of fitting the job to the worker …
Abram Interstate Insurance Services Inc., Rocklin, Calif., is offering a new program providing coverage for apartments / habitational. Coverage is on a package or monoline basis. Package coverage includes general liability, inland marine, crime and property. Assault and battery coverage …
Effective April 1, 2006, E.L.M Insurance Brokers, El Segundo, Calif., has a new admitted professional liability program for insurance brokers’ errors and omissions. The new market, PACO Assurance Co., has an “A-” V rating from A.M. Best. The E&O program …
Western Security Surplus Insurance Brokers Inc., Pasadena, Calif., has added Tony March to its underwriting staff as broker. March began his insurance career in 1988 at The Sullivan Group in Seattle as junior underwriter and rotated through a number of …
Andreas Acker, 37, has been appointed human resources manager for California’s State Compensation Insurance Fund. Acker started his State Fund career in 1992 when he joined the organization’s human resource department as a personnel consultant. In 1999 he was promoted …
Hawaii revealed that more than 43,000 people, nearly half of them government employees, are at risk of identity theft. The case involves the making of unauthorized copies of insurance company records that list the names and Social Security numbers of …
TD Banknorth Inc., headquartered in Portland, Maine, is acquiring Interchange Financial Services Corporation for $480.6 million in an all cash transaction. Headquartered in Saddle Brook, New Jersey, Interchange had $1.6 billion in assets and $1.3 billion in deposits at December …
A Massachusetts man was arrested on charges that he, along with his wife, submitted false insurance claims that they had ingested glass found in food they had eaten at restaurants and grocery stores in Massachusetts, Rhode Island, Maryland and the …
