A.M. Best Co. has downgraded the financial strength rating (FSR) to B (Fair) from B+ (Very Good) and the issuer credit ratings (ICR) to “bb” from “bbb-” for the reinsurance subsidiaries of the PXRE Group Ltd. The rating actions apply …
The Louisiana Department of Insurance announced that individuals deemed evacuees of Hurricane Katrina will be given a special enrollment period (SEP) allowing them more time to enroll in or change their Medicare prescription plans in 2006, according to officials with …
The Federal Emergency Management Agency (FEMA) announced it has released flood recovery guidance documents for Jefferson, Orleans and St. Bernard parishes as well as portions of Plaquemines and St. Charles parishes in southern Louisiana. These Advisory Base Flood Elevations provide …
Insurance marketers from around the globe will have the opportunity to showcase their marketing achievements in the upcoming Showcase Awards competition sponsored by the Insurance Marketing Communications Association (IMCA). The competition – now in its 48th year – features entries …
Integro named Susan Carson and James Bacon principals for its San Francisco office. Susan Carson has 33 years of experience in property and casualty, including 29 years as a broker. She joins Integro from ABD, where she served as a …
Atlanta-based Crawford & Company has appointed John Darragh to the Global Property and Casualty Services sales team according to O.L. Anderson, senior vice president, Crawford & Company Global Business Development. Darragh joined Crawford in 1973 as a claims professional in …
Two Wisconsin legislators, one Democrat and the other Republican, have worked with two health policy officials to generate interest in creating a Wisconsin Health Plan. With Massachusetts basking in the national spotlight for its sweeping proposal to require all citizens …
A judge in Gulfport, Miss. has refused to restrict Mississippi Attorney General Jim Hood from reviewing documents that State Farm Insurance Co. is required to turn over to other investigators in Hood’s office. State Farm attorney Robert Galloway had argued …
Qatar Insurance Company said it will soon launch Qatar Insurance International, a holding firm for its overseas operations. Qatar Insurance International, a closed shareholding company, would be based at the Qatar Financial Centre, said QIC Group General Manager Khalifa A …
Fitch Ratings has affirmed the ‘AA-‘ (AA minus) Insurer Financial Strength ratings of Insurance Australia Group Limited’s main underwriting subsidiaries, Insurance Australia Limited and IAG New Zealand Limited. The outlook for the ratings is stable. Fitch said that the affirmation …
