Standard & Poor’s Ratings Services announced that it has reviewed its Lloyd’s Syndicate Assessments (LSA’s). S&P rates Lloyd’s “A” with a stable outlook. The individual assessments of the syndicates follows the rating agency’s “review of syndicate information and confirmation of …
Warren E. Buffett, the billionaire chairman of giant Berkshire Hathaway, praises the performance of his primary insurance units, particularly Geico, in his annual letter to shareholders and acknowledges that concern over hurricanes has prompted his insurance subsidiaries to raise prices …
The Federal Bureau of Investigation has been accumulating insurance fraud information since Hurricane Katrina and has filed charges in five cases, R. Allyson Delaney, an FBI analyst in Clarksburg, W.Va. told the National Association of Insurance Commissioners during its March …
Lincoln General Insurance Company has teamed up with First Capital Group’s Midwest Contractors Construction Program. The program is available in Illinois, Indiana, Wisconsin, Michigan, Iowa Oklahoma, Missouri, Kansas, Minnesota, Arkansas and Nebraska. First Capital Group’s Illinois Construction Division serves as …
The nation’s insurance regulators have moved to strengthen cooperation with their counterparts in Russia by signing a memorandum calling for improved information exchange. During its spring meeitng in Orlando, Fla., the National Association of Insurance Commissioners President Alessandro Iuppa formally …
The Beacon Mutual Insurance Company in Rhode Island announced that it realized $27.5 million in net income for calendar year 2005, a figure that exceeded management’s expectations. Management credited its ability to use its own state-specific data in its rates …
Bollinger, Inc.,cited as the nation’s seventh largest privately held insurance broker, has acquired three insurance agencies in Salem and Cumberland Counties, New Jersey. The agencies, which have common ownership, are The Hitchner Agency, Elmer, N.J.; Tri County Insurors, Pennsville, N.J.; …
Beverly Hills, CA – Michael Feldman Insurance Services, Inc. P.O. Box 17156 Beverly Hills, CA 90209 Phone (323) 939-3200 Fax (323) 939-4042 License # OD80807 SPECIALIZING IN INSURANCE BROKERS E & O INSURANCE 2 New Programs for E & O …
A Pulaski County Circuit Court jury awarded a Little Rock, Ark., insurance agent more than $2.55 million dollars in alleged unpaid salary and commissions in a case involving Aon Risk Services of Arkansas Inc. and Aon Risk Services of Illinois …
The National Association of Mutual Insurance Companies (NAMIC) has joined other industry members in an amicus brief to Colorado’s Supreme Court arguing that an employer is not liable under the tort of negligent hiring for injuries plaintiffs sustain in an …
