August 26, 2010
Longtime insurance agent John Doak of Tulsa has defeated former Insurance Commissioner John Crawford of Oklahoma City for the Republican nomination for state insurance commissioner. In the only statewide race on the ballot, Doak kept Crawford from returning to the …
August 26, 2010
Two pit bulls accused of running at Elgin, Ill., Mayor Ed Schock have been labeled as “dangerous,” meaning they will be under a number of restrictions under a new city ordinance. Under the designation, the dogs now must be licensed …
August 26, 2010
Georgia Insurance Commissioner John W. Oxendine said Georgians who purchased a health insurance plan from American Trade Association, Inc. or its affiliates have until August 31, 2010 to request a refund of premium from this unauthorized insurer. American Trade Association …
August 26, 2010
Hurricane Danielle has recovered some strength, and is once again a “category two hurricane on the Saffir-Simpson hurricane wind scale,” according to the most recent bulletin from the National Hurricane Center in Miami at 11:00 a.m. AST. The storm is …
August 26, 2010
Fitch Ratings has affirmed the ratings of PartnerRe Ltd. with a negative outlook. The affirmation follows an “updated review of PartnerRe’s financial performance, capital position, liquidity, and investment exposures,” said Fitch. The rationale for the ratings includes the company’s” strong …
August 26, 2010
Standard & Poor’s Ratings Services has affirmed its ‘BBB’ unsolicited counterparty credit rating on Markel Corp. However, S&P said the “outlook on Markel remains negative.” Credit analyst Taoufik Gharib explained: “The affirmation reflects Markel’s strong competitive position in the excess …
August 26, 2010
Firefighters investigating what they’ve described as the biggest blaze in Boston in decades say it was caused by some men setting off fireworks from the roof of a nearby building. Fire department Lt. Hank Sheridan said Tuesday the men caused …
August 26, 2010
Boston-based broker William Gallagher Associates has acquired Paradigm Associates, a health and welfare benefit plan consulting group headquartered in Braintree, Massachusetts. Paradigm Associates was founded in 1995 and has a client base of 85 organizations with particular expertise in health …
August 26, 2010
Eastern Insurance Holdings said founder and CEO Bruce M. Eckert will step down at the end of the year and President and Chief Operating Officer Michael L. Boguski will assume the top executive for the role of president and chief …
August 26, 2010
The New York Times has reported that a Major League Baseball investigation into leaked financial documents is focused on insurance companies that do business with clubs. The Times reported the companies under investigation sell liability insurance for top-level team executives …