Yearly Archives: <span>2008</span>

Washington’s Bratrud Middelton Insurance Changes Name to Propel

Bratrud Middleton Insurance of Tacoma, Wash., has changed its name to Propel Insurance. The company said the leadership and staff will remain the same; the new name simply reflects the company’s “bold, forward-thinking approach to risk management and deep expertise …

Anderson & Murison Offers Umbrella for Commercial Exposures in California

Los Angeles-based Anderson & Murison Inc. can now write a personal umbrella policy that includes coverage for commercial exposures for California only. The “big umbrella” is an extension of the company’s personal umbrella program and provides the competitive rates, true …

Three Reasons to Work with a Lead Generation Company

As an insurance agent, there is nothing wrong with getting help when need be. In fact, the agents who search for outside help are those who are making the big money. If you want to join them, it is time …

Los Angeles CPCU Installs New Officers, Directors

The Los Angeles Chapter of the Chartered Property Casualty Underwriters (CPCU) Society installed new 2008-2009 officers and directors. The CPCU Officers include: President Theresa Ulbricht of Marsh Risk & Insurance Services; President-Elect Robert Wilson of AON Risk Insurance Services; Vice …

Best Affirms Hanover Group’s Ratings

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of Hanover Insurance Group Property and Casualty Companies of Worcester, Mass. and its members. Best also affirmed the ICR of …

Best Affirms Am Trust Group Ratings; Revises Outlook to Positive

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of the New York-based AmTrust Group. The ratings also “apply to AmTrust International Insurance, Ltd. (AII) (Bermuda), Technology Insurance Company, …

State Insurance Regulators Lend Conditional Support to Federal Office

State insurance commissioners told Congress that they could live with a proposed federal office of insurance information, particularly to target international issues, provided it does not preempt state consumer and solvency safeguards. On behalf of the National Association of Insurance …

Fitch: U.S. P/C Industry Shifts To Modest Underwriting Loss In 2008

Fitch Ratings said that following a review of industry aggregate statutory financials for year-end 2007 and 1Q 2008, the rating agency has updated its full-year 2008 U.S. Property/Casualty industry forecast and now projects a modest underwriting loss and significant reduction …

Missouri Attorney General Police Safety Group to Pay State $450,000

A nonprofit group that promotes police officer safety is to pay $450,000 to Missouri after allegations from the attorney general’s office that it continued to solicit money from residents who had asked it to stop. Attorney General Jay Nixon’s office …

Philadelphia Cos. Launches New Apartment Product

Philadelphia Insurance Companies launched a a new niche product niche for apartments. PHLY’s new apartment product offers comprehensive coverage for general liability, property, crime, automobile and umbrella. The new apartment product is designed for the above average, professionally managed and …