Tupelo was the first city in Mississippi to approve camera enforcement at intersections. Traffic cameras will go live on Aug. 1 at three Tupelo, Miss. intersections with the possibility that others will be installed in the future, according to city …
Forecasts for a busier-than-normal hurricane season mean added pressure on the utility and insurance industries, but they say they’re more prepared to absorb a catastrophic hit. Power utilities have invested in hardier equipment to better withstand storms, gas utilities have …
Exclusive Video Interview Greenberg Interview, Take 4: Growing C.V. Starr Chairman Maurice “Hank” Greenberg is busy growing his current insurance organization, privately-held C.V. Starr & Co. and all of its units, through acquisitions and investments at home and abroad. His …
A.M. Best Co. has assigned a debt rating of “bbb” to the $400 million 6.75 percent fixed-to-floating rate junior subordinated notes issued by Nationwide Financial Services, Inc. The notes have a scheduled maturity of 30 years and a final maturity …
A.M. Best Co. has affirmed the issuer credit rating (ICR) of “bbb+” of Atrium Underwriting plc, the non-operating holding company of Atrium Underwriters Limited (AUL). Best also revised the outlook to positive from stable, “in line with the outlook on …
Houston-based HCC Insurance Holdings Inc. announced that Randy D. Rinicella has joined the company as senior vice president and general counsel. Rinicella has 20 years of legal experience and most recently served as vice president, general counsel and secretary of …
The Independent Insurance Agents of Texas (IIAT) announced its 110th Conference & Trade Show June 3-5 in San Antonio. Nearly 200 exhibitors are registered for the three-day trade show to be held at the San Antonio Conference Center and the …
Southwestern Insurance Information Service announced their 54th Annual Educational Conference will be held June 26-27, 2007 at the Crowne Plaza Hotel in Addison, Texas. Kicking off the meeting at a dinner the evening of June 26 will be Joe Bastardi, …
Louisiana should abolish the commission of political appointees that regulates the insurance industry, the state Senate has voted, a move supported by the insurance industry. Senators voted 30-6 to approve a bill by Sen. Julie Quinn that would do away …
Louisiana Commissioner of Insurance Jim Donelon announced that rates for workers’ compensation insurance are decreasing, thanks to a large drop in loss costs for insurers. Most workers’ comp carriers in Louisiana use the National Council on Compensation Insurance (NCCI) annual …
